Finance Fixed-rate mortgage Principal Seller concession 
Housing Wire
SEPTEMBER 16, 2022
UWM announced that its temporary rate buydowns – fueled by seller concessions – would reduce borrowers’ interest rates by up to 2% for the first two years of a mortgage. in the first year of their loan, Rocket said.
HomeLight
AUGUST 25, 2020
If you want to, you could sell your house immediately after the paperwork says it is officially yours,” says Kimberly Porter, CEO of Microcredit Summit , a top personal finance publication. The longer you stay in the home, the greater portion of the monthly payment goes toward the principal. Seller concessions (2% – 6%).
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