The Impact of Interest Rates on Your Mortgage

Luxurious single-story home with terracotta roof, manicured garden, and palm trees. The stone driveway leads to a grand entrance under a blue sky.

When it comes to buying a home, interest rates play a significant role in determining your monthly payment and long-term financial commitment. Understanding how interest rates affect your mortgage can help you make smarter decisions about homeownership. At Vision Home Mortgage, we believe in empowering our clients with the knowledge to navigate the housing market…

With the Federal Reserve starting to ease interest rates, many potential homebuyers are wondering if it’s worth paying discount points to lower their mortgage rate. However, with current trends hinting at further reductions in the Fed Funds Rate, this might not be the ideal time to pay upfront for a lower rate. Instead, focusing on…