Infographics
How Changing Mortgage Rates Impact You [INFOGRAPHIC]
Some Highlights
- If you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month.
- That’s because even a small change in mortgage rates can have a big impact on your purchasing power.
- The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the expertise of a local real estate professional and mortgage lender.
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Some Highlights
- If you’re planning to list your house in 2025, it’s already time to start working on any repairs. But where do you start?
- Your local agent will be able to help you prioritize projects that will help you get the best return on your investment and appeal to what today’s buyers really want.
- If your goal is to sell your house next year, connect with an agent so you know what to start working on now.
Some Highlights
- If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
- Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s.
- Connect with an agent if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.
Some Highlights
- The #1 task sellers struggle with is setting the right asking price for their house.
- Without an agent’s help, you may set a price that turns away buyers and takes a long time to sell.
- To make sure your house is priced right, connect with a local agent. Because if the price isn’t compelling, it’s not selling.
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