Lower Mortgage Rates Boost Your Buying Power

<article class="post-1201553 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-1201553"><span class="entry-date">September 20, 2024</span><div class="entry-header center-block text-center"><h1 class="entry-title">Lower Mortgage Rates Boost Your Buying Power</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=Lower+Mortgage+Rates+Boost+Your+Buying+Power&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Flower-mortgage-rates-boost-your-buying-power%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="Lower Mortgage Rates Boost Your Buying Power Simplifying The Market" decoding="async" loading="lazy" src="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240919/Lower-Mortgage-Rates-Boost-Your-Buying-Power-KCM-Share-original.jpg" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width=""/>
<p><a href="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240919/Lower-Mortgage-Rates-Boost-Your-Buying-Power-MEM-original.jpg" rel="noopener noreferrer" target="_blank"><img alt="No Caption Received" decoding="async" src="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240919/Lower-Mortgage-Rates-Boost-Your-Buying-Power-MEM-original.jpg"/></a></p>
<h3>Some Highlights</h3>
<ul>
<li><a href="https://www.simplifyingthemarket.com/2024/08/19/how-mortgage-rate-changes-impact-your-homebuying-power/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">Mortgage rates</a> are trending down and that’s great news for your <a href="https://www.mortgagecalculator.net/" rel="noopener noreferrer" target="_blank">bottom line</a>.</li>
<li>As <a href="https://www.simplifyingthemarket.com/2024/09/17/mortgage-rates-drop-to-lowest-level-in-over-a-year-and-a-half/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">rates drop</a>, your monthly payment on your next home does too. Even a small change in <a href="https://www.simplifyingthemarket.com/2024/08/26/what-mortgage-rate-are-you-waiting-for/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">mortgage rates</a> can have a big impact on your purchasing power.</li>
<li>If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down.</li>
</ul>
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