Tag Archive for: interest rate buydown

Offering 4.5% Rates With Listings; Who Was Most Correct With Predictions? Rates Shoot Higher On Jobs Report

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Rates shot through the roof again this morning in response to a very strong jobs report.Read More

Rates Plummet! Volatility City! Fed Day; Seller Credits Galore; First-Time Homebuyer Credits

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Remember yesterday when I said rates shot through the roof, but then I pointed out why rates could fall again? And then I said to expect “volatility?” Well, we didn’t have to wait long, as rates fell sharply today – and I can’t figure out why.Read More

How Much Does It Cost To Buy Down Your Interest Rate?

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Are you curious about how to save money on your home loan? Have you heard about the possibility of buying down your interest rate but aren't sure what it entails or how much it costs? In the simplest terms, a mortgage rate buydown involves paying an upfront fee to reduce your mortgage interest rate and lower your monthly payments.Read More