The American Enterprise Institute estimates that 64 percent of homes sold by the largest homebuilders provide permanent mortgage rate buydowns, which often don’t count as…
Posts published in “mortgage rate buydown”
Sales of new single-family homes hit a seasonally adjusted annual rate of 676,000 in February — an uptick of 5.1 percent — and roughly met…
Lender creates and funds an escrow account that’s used to cover the difference between the full monthly mortgage payment and the payment with the reduced…
RateReduce Sell allows sellers to pay points to lock in a discounted mortgage rate that their agent can cite in co-branded marketing materials. Source: Inman…