Tag Archive for: rate buydown

Understanding 2-1 Interest Rate Buydowns

Are you in the market for a new home or considering refinancing your existing home loan? An understanding of the intricacies of mortgage rates is crucial for making informed decisions that can save you money in the long run. One often-employed strategy is the use of temporary mortgage rate buydowns, and among these, 2-1 buydowns hold a significant place. In this blog post, we’ll delve into the concept of 2-1 mortgage rate buydowns and discuss their potential benefits and considerations.Read More

3-2-1 Buydowns Are NOT “The New Option ARM,” “Impending Doom” or “Smoke & Mirrors”

That Time I Was Accused Of Fraud And Turned In To Regulators In the early 2000s, I got to know a roofing contractor really well. He was from Mexico and […]Read More

The Beauty of BUYDOWNS – To Lower Payments & Save Deals

In Friday’s blog, I explained why ARMs are NOT the solution for payment relief (because ARM rates are so close to 30-year rates) in today’s high-rate world. BUT – there […]Read More

Rate Buydowns Instead of Price Reductions; BETTER for Everyone!

We are starting to see a lot of stale listings at the higher end of the market. This is b/c “slow season” is starting and b/c the high-end market seems […]Read More