Homeowners advised to prepare for increased mortgage payments due to rising rates.
As mortgage rates rise, homeowners are advised to prepare for increased payments. Key strategies include reviewing budgets, considering refinancing options, and possibly making extra payments now to reduce future debt. Homeowners should also explore ways to cut expenses and improve financial stability to better manage upcoming costs. Planning ahead can help mitigate the impact of higher mortgage payments.
September 15, 2024
3 Articles