Mortgage Rates Drop to Lowest Level in over a Year and a Half
Even a small decrease in rates might help you get a better regular monthly payment than you would anticipate on your next home. And the drop that’s occurred recently isn’t small. In just a couple of months’ time, the awaited monthly payment on a $400K loan has come down by over $370.
Even a small decline in rates could help you get a better regular monthly payment than you would anticipate on your next home. And the drop that’s occurred recently isn’t little. If you want to see it to truly think it, here’s how the math shakes out. In simply a few months’ time, the awaited month-to-month payment on a $400K loan has actually come down by over $370.