How Mortgage Rates Affect Your Monthly Payment January 10, 2025 Some Highlights Experts say rates will come down slightly in the year ahead – but some volatility is expected. So, you shouldn’t try to time the market. Instead, it’s better to focus on how even a small change impacts your future mortgage payment. As rates come down, even a little bit, your monthly payment on your next home will too. Want to see what this looks like at a different price point? Connect with an agent or lender. Post navigation What To Save for When Buying a HomeHow Much Home Equity Have You Gained? The Answer Might Surprise You