Even a Small Change in Rates Can Lower Your Monthly Payment Chart

Over the past few weeks, mortgage rates hit their lowest point of the year – and it was big news. So, what you need to know if you’re buying a home is, whenever these shifts happen (whether they’re now or later), even a small change in rates can make a big difference in your monthly payment. While major drops in mortgage rates aren’t projected for the rest of 2025, smaller declines are still expected – depending on where the economy goes from here. If you want to see what the math looks like at another home loan amount or mortgage rate, DM me and I’ll run the numbers for you, so you can plan ahead.