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Lower Mortgage Rates Boost Your Buying Power

September 20, 2024
market conditions

Lower Mortgage Rates Boost Your Buying Power

September 20, 2024
Homenewsmarket conditions
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Homenewsmarket conditions
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Lower Mortgage Rates Boost Your Buying Power

In this Article...

Lower mortgage rates are trending down, bringing excellent news for homebuyers in Savannah and the surrounding areas. Lower rates mean reduced monthly payments, significantly increasing your purchasing power. If you paused your home search due to high rates, now may be the time to revisit your options with EBRSavannah.

Lower Mortgage Rates Boost Your Buying Power

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Some Highlights

  • Mortgage rates are trending down and that’s great news for your bottom line.
  • As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power.
  • 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.
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