Tag Archive for: permanent rate buydown

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

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

Why I HATE Permanent Rate Buydowns

“Homebuyers prefer permanent buydowns rather than temporary buydowns.” That was a headline today in this National Mortgage News article. So, even though I just blogged about this in November, I […]Read More