What is a Mortgage Buydown? Lower Interest Rates with this Strategy
Redfin
NOVEMBER 29, 2022
When you decide to buy a house , you’re not only committing to paying for the purchase price of the home but also the interest rate on your mortgage loan – the cost of borrowing money from your mortgage lender. . And while it may be tempting just to wait to buy until mortgage rates are low again, that’s not always an option.
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