Home Buying

How Low Mortgage Rates Can Increase Your Buying Power & Save You Money

March 25, 2020

Mortgage Rates are an essential factor when calculating how much home you can afford. A lower mortgage rate almost always means more buying power. Additionally, low interest rates can save you money by lowering your monthly payment and the amount you pay over the life of the loan. In short, low interest rates can help you attain the home you want while lowering your monthly payment. With mortgage rates nearing record lows in the past few months, explore your possibilities! Check out the below articles that explain more in depth how low rates increase buying power.

The Mortgage Reports

Bankrate – Mortgage Rates & Buying Power

Want to know more about how low interest rates can save you money and maximize your buying power? Our preferred lender is ready to answer any questions and help you explore your possibilities.

Robert Brooks – 1st Security Bank
Senior Loan Officer/Manager: NMLS # 116580
NorthwestLoanOfficer.com
Phone: (425) 263-8867
Fax: (425) 645-8084
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