# Interest Rate Cuts Benefits Realized: Monthly Mortgage Payments in These 10 U.S. Cities Experience Big Dump
The Fed's interest rate cuts are really effective. The 30-year mortgage rate has fallen from 7.19% in 2023 to 6.27% now. In two years, some homebuyers in certain cities can save a lot of money each month.
According to the latest data from Zoocasa, comparing the median house prices in September 2023 and September 2025:
**Top 3 of the most cost-saving:**
- North Port-Sarasota, Florida: **Monthly payment reduced from $2,848 to $2,278, saving $570** (annual savings of $6,840)
- Cape I
View OriginalThe Fed's interest rate cuts are really effective. The 30-year mortgage rate has fallen from 7.19% in 2023 to 6.27% now. In two years, some homebuyers in certain cities can save a lot of money each month.
According to the latest data from Zoocasa, comparing the median house prices in September 2023 and September 2025:
**Top 3 of the most cost-saving:**
- North Port-Sarasota, Florida: **Monthly payment reduced from $2,848 to $2,278, saving $570** (annual savings of $6,840)
- Cape I