08/21/2024
Yes, a higher interest rate usually means a larger monthly payment. But it's not that simple. Higher rates could mean less competition, which equals a better deal for you in the long run! When rates drop, it's time to refinance to a better rate instead of being stuck in bidding wars.
When you work with me, I'll help connect you to GREAT mortgage lenders who will help you calculate what you can afford in this market. It might be more than you think!