đź’ˇ How Much Does 1% Save YOU?!
Everywhere you look, the headlines are buzzing about inflation, the stock market, and (most importantly for buyers + homeowners) interest rates.
Here’s the good news: according to Mortgage News Daily, rates have dropped nearly 1% since January.
And while 1% might not sound like a lot, here’s what that actually looks like in real life:
👉 On a $500,000 loan, that’s a savings of $332/month
👉 On an $800,000 loan, that’s $532/month
👉 On a $1,000,000 loan, that’s $665/month
That’s not just numbers—that’s a summer vacation, childcare costs, or padding your savings account each month.
Here’s the takeaway:
Rates are expected to bounce around this fall. It’s not the “perfect time” for everyone to buy, but opportunities are out there—and right now, affordability just got a little bit better.
If you’re considering a move in Portland, competition will likely heat up as rates shift. Let’s chat strategy before the frenzy. I’m here to help connect you with trusted mortgage advisors, crunch the numbers, and create a plan that fits your goals.
✨ Buying a home isn’t just about timing the market—it’s about aligning the market with your next chapter.