Tag Archive for: temporary 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

“Inflation Relief Loans” = Lender Paid Buydowns = Bullsh*t or Reality?

The Consumer Price Index reading for September came out hotter than expected today, but rates only moved a bit higher. The reason is partially because the markets are learning to dig into these numbers and realize that they are often just… wrong.Read More