How Much Can You SAVE Using a Interest Rate Buydown?
A common concern for homebuyers is their monthly payment. More specifically, how to LOWER their monthly payment. This has always been a hot topic but the rise in interest rates has brought it to the forefront.
In this video I'll discuss the below:
1. Changes in the housing market
2. Importance of saving extra money
3. Interest rate buydowns
4. Real Life Example of how a rate buydown can be applied
00:00 Introduction
00:41 Changes in the Housing Market
02:44 Importance of Saving Money
03:52 Interest Rate Buydowns
05:55 Permanent Rate Buydown Example
07:38 Temporary Rate Buydown
#homebuyers #mortgagepayments #mortgagerates #mortgagetips
