What is the 2-1 Buydown?
Posted by Mellanda Reese on Tuesday, January 17, 2023 at 9:22:12 AM
By Mellanda Reese / January 17, 2023
Comment
A lot of people are worried about interest rates when buying a home right now.
Ronald Stanley, VP of Mortgage Lending at Guaranteed Rate, talks about how the 2-1 buydown can allow you to have a lower interest rate the first or second year of your loan to be able to save on your monthly payment.
Post a Comment