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
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.