How Changing Mortgage Rates Impact You [INFOGRAPHIC]

<article class="post-948074 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-948074"><span class="entry-date">February 23, 2024</span><div class="entry-header center-block text-center"><h1 class="entry-title">How Changing Mortgage Rates Impact You [INFOGRAPHIC]</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=How+Changing+Mortgage+Rates+Impact+You+%5BINFOGRAPHIC%5D&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fhow-changing-mortgage-rates-impact-you-infographic%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="How Changing Mortgage Rates Impact You [INFOGRAPHIC] Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/How-Changing-Mortgage-Rates-Impact-You-KCM-Share.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
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<h3>Some Highlights</h3>
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<li>If you’re looking to <a href="https://www.simplifyingthemarket.com/2024/02/20/strategic-tips-for-buying-your-first-home/" rel="noopener noreferrer" target="_blank">buy a home</a>, it’s important to know how <a href="https://www.mortgagecalculator.net/" rel="noopener noreferrer" target="_blank">mortgage rates</a> impact what you can afford and how much you’ll <a href="https://www.simplifyingthemarket.com/2024/01/26/why-its-more-affordable-to-buy-a-home-this-year-infographic/" rel="noopener noreferrer" target="_blank">pay each month</a>.</li>
<li>That’s because even a <a href="https://www.simplifyingthemarket.com/2024/01/30/2-of-the-factors-that-impact-mortgage-rates/" rel="noopener noreferrer" target="_blank">small change</a> in <a href="https://www.simplifyingthemarket.com/2024/02/12/whats-really-happening-with-mortgage-rates/" rel="noopener noreferrer" target="_blank">mortgage rates</a> can have a big impact on your <a href="https://www.simplifyingthemarket.com/2024/02/07/why-pre-approval-is-even-more-important-this-year/" rel="noopener noreferrer" target="_blank">purchasing power</a>. </li>
<li>The best way to navigate changing mortgage rates and make an <a href="https://www.simplifyingthemarket.com/2024/02/16/achieve-your-dream-of-homeownership-with-condos-and-townhomes-infographic/" rel="noopener noreferrer" target="_blank">informed buying decision</a> is to rely on the <a href="https://www.simplifyingthemarket.com/2024/02/09/winning-plays-for-buying-a-home-in-todays-market-infographic/" rel="noopener noreferrer" target="_blank">expertise</a> of a local <a href="https://www.simplifyingthemarket.com/2024/02/05/why-having-your-own-agent-matters-when-buying-a-new-construction-home/" rel="noopener noreferrer" target="_blank">real estate professional</a> and mortgage lender.</li>
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