We developed a cool tool for buyers and agents to quickly see how the interest rates, based on a monthly payment, effects the purchasing power of the buyer. In the example below, a buyer qualifies for approximately $50,000 more in a purchase price when the rate drops 2 percentage points.
Six months ago, the rates were 6.75% and now they are 4.75%. A tremendous savings! This tool will assist you in looking for New Hampshire real estate and provided by RE/MAX Country Properties real estate agents.