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How Much Does A Rise In Mortgage Rate Cost The Buyer?

June 8th, 2007 . by Knox Bardeen

Have you ever wondered what a mortgage rate rise of say 0.750% would do to your monthly payments? Well, you may be surprised to see that it could cost you $40,000.

One Response to “How Much Does A Rise In Mortgage Rate Cost The Buyer?”

  1. comment number 1 by: Louisville KY real estate

    Great article, really interesting and kind of shocking to look at the numbers like that. I think a lot of people would be shocked to see this information.

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