Lower Mortgage Rates Boost Your Buying Power

Published on
September 20, 2024
Lower Mortgage Rates Boost Your Buying Power

In this Article...

Lower mortgage rates are bringing good news to Charleston homebuyers. With rates trending downwards, your monthly payments can significantly decrease, enhancing your purchasing power. According to Charlotte Lemon, a Realtor at Charleston Home, even a small dip in rates can make a substantial difference, making this an opportune time to reconsider your home search.

Lower Mortgage Rates Boost Your Buying Power

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Some Highlights

  • Mortgage rates are trending down and that’s great news for your bottom line.
  • As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power.
  • If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down.
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