Homebuyer dollar stretching further as rates drop: Zillow
![Homebuyer dollar stretching further as rates drop: Zillow](https://thefloridabusinessreview.com/wp-content/uploads/2023/02/GettyImages-200186532-003-Jjuo0a.png)
As mortgage rates have dropped from a roughly 7 percent peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3,000 monthly payment.
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As mortgage rates have dropped from a roughly 7 percent peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3,000 monthly payment.