Is a larger down payment worth it in today's mortgage rate environment? What experts say

Making a larger down payment could be a smart strategy to employ, but it also has some downsides to consider. Kmatta/Getty Images While it's relatively common for mortgage rates to change, at least marginally, on a regular basis, overall, mortgage rates have been hovering in the mid- to low-6% range for several months now. And, while borrowers may be hoping for the rate landscape to ease, increasing affordability for homebuyers, most experts don't expect them to fall below 5% anytime soon. …