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Angela Medley October 28, 2025
How Interest Rates Impact Your Home Buying Budget 📉🏡
When it comes to buying a home, interest rates play a bigger role than most buyers realize. Even a small change in the rate can significantly affect your monthly payment and the overall affordability of a property.
For example, a 1% increase in rates could mean paying hundreds more each month — which might change the price range you can comfortably shop in. On the flip side, when rates dip, buyers often gain more purchasing power, allowing them to explore higher-priced homes without stretching their budget.
Understanding how rates impact your mortgage is key to making confident, informed decisions. That’s why it’s important to stay connected with a trusted lender and real estate agent who can guide you through different scenarios and keep you on track toward your dream home.
Stay up to date on the latest real estate trends.
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