Rate buydowns are the cat’s meow in today’s market
Housing Wire
FEBRUARY 1, 2023
Interest rates, though down slightly in recent weeks, are still double what they were at the end of 2021, and the Federal Reserve continues its monetary tightening policies to fight inflation. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range]. in year one, go to 5.2% in year three.
407 
Let's personalize your content