REAL ESTATE

How Mortgage Rates Affect Your Monthly Payment

How Mortgage Rates Affect Your Monthly Payment

 

Experts forecast mortgage rates will come down in 2025, but they also say you should brace for some volatility. That’s why it’s not a good idea to try to time the market.

Instead, it’s better to focus on how even a small change impacts your bottom line. Even a slight decline in rates can help lower your future monthly payment.

Want to see what this looks like at a different price point? Let’s connect to explore your options today.

 

Don’t forget to check out our latest market reports!

I’m Joe Peters, a twenty-plus-year real estate agent with Coldwell Banker Residential Brokerage. I work with people that want to buy or sell a home (or both) in Hunterdon or Somerset County, NJ. Clients rely on me for in-depth market and neighborhood insights and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, give clients a unique advantage.


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