Tag Archive for: temporary buydown

Lower Your Rate 1/2% With A Lender-Paid Temporary Buydown

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We’ve been pushing “Temporary Buydowns” as a solution to fend off high-rate fatigue for about 18 months now. And, we still think they are great solutions, as borrowers can get rates as much as 3% below the current market rate.Read More

U.S. Dollar Is Surging & It’s Not Good! Temporary Buydowns Are Back!

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In early April I wrote this blog and it went viral:  The U.S. Dollar Is Going To Collapse And It Will Be Horrific!   I highly recommend re-reading the blog because it […]Read More

Understanding 2-1 Interest Rate Buydowns

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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

Mortgage Rate Buydown Options for Homebuyers

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A mortgage rate buydown is a technique used to lower the interest rate on a mortgage loan. It involves paying additional fees or points upfront, which reduces the interest rate for the entire loan term or for a portion of the loan term. By lowering the interest rate, homebuyers can reduce their monthly mortgage payments, which can lead to substantial savings over time. Now that we understand the concept, let's explore the different types of mortgage rate buydown options and how they work.Read More

Why I Hate “Points” Now More Than Ever (Permanent vs. Temporary Buydowns)

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I just read a blog by a mortgage underwriter in which she was explaining how loan officers are stupid because they are not explaining the benefits of “Permanent Rate Buydowns” […]Read More

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

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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