Answering all your questions on what a reate buy down is and how it works.
1:25
YouTubeShelly Ave | Mortgage Lending
Answering all your questions on what a reate buy down is and how it works.
A temporary rate buydown can make the early years of homeownership more manageable by lowering your interest rate for a set period, usually one to three years.⁠ ⁠ It doesn’t change the full loan amount, but it gives you breathing room upfront. This can be especially helpful if you're managing new expenses, planning for future income, or ...
337 views7 months ago
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Confused about mortgage rates? Let's break down the 2-1 buydown. Year one, your rate drops 2%. Year two, it's 1% lower. Understanding this could save you serious money. Let's explore how it works. #MortgageTips #RealEstate #HomeBuying #FinanceExplained #Buydown | The Rate Update With Dan Frio
Confused about mortgage rates? Let's break down the 2-1 buydown. Year one, your rate drops 2%. Year two, it's 1% lower. Understanding this could save you serious money. Let's explore how it works. #MortgageTips #RealEstate #HomeBuying #FinanceExplained #Buydown | The Rate Update With Dan Frio
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