09/15/2026
Everyone wants to know what rates mean for their monthly payment. Fair question. Here's the real-world version.
A one point move in rate on a $500K home changes your payment by roughly $250 to $300 a month. Think date night, twice a week.It matters. It's also not the only lever you have.
Purchase price, down payment, and loan structure all move together. Sometimes the smarter play isn't waiting for rates to drop, it's negotiating harder on price while other buyers are sitting on the sidelines waiting.
If you want real numbers instead of headlines, I'm glad to run them with you.
[email protected] | shannonharton.com | (804) 416-HOME