Interest Rates Explained: What They Mean for Your Buying Power

When it comes to buying a home, the interest rate on your mortgage is one of the biggest factors that determines how much house you can actually afford. Even a small change in rates can make a huge difference in your monthly payment—and ultimately in the price range of homes you can shop for.   💡 W

Understanding Rate Buydowns: How They Work and When They Make Sense

If you’re exploring mortgage options, you may have heard the term “rate buydown” tossed around. It’s a tool some homebuyers use to lower their interest rate, but how exactly does it work? Let’s break it down. What Is a Rate Buydown? A rate buydown is when you pay extra money upfront—called points—to