Bob Wiltse, REALTOR® June 3, 2025 Many find it challenging to purchase a house when mortgage rates hover around 7%. So, what is one to do when ready to buy a house? What strategies can you use to make an $800,000 more "affordable?" I'm not a mortgage professional or a financial advisor. I turned to my research assistant, ChatGPT, and asked it to outline ways to reduce a mortgage payment on an example purchase of an $800,000 house. Strategies for lowering your monthly mortgage