a reprieve from soaring rates, Nancy. [video]

Nancy, due to soaring rates, ARMs have been getting a second look by many as a... (continue reading).

Mortgage buydowns: a reprieve from soaring rates

▶︎      Prepared for:    Nancy Monts-lium

Report Source: CMP

Nancy, due to soaring rates, ARMs have been getting a second look by many as a temporary reprieve from recent rate-hikes. Additionally, mortgage buydowns, another lesser-known tactic to ensure more manageable mortgage, has also emerged as an alternative. Watch Your Report Now ⟶

What are Mortgage Buydowns?  Mortgage buydowns are a tactic that involves paying more money upfront to secure a lower interest rate on a mortgage. It allows borrowers to obtain a lower interest rate by paying discount points at closing.

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Anna Perry  Communications Manager

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