Tag: Buydown

Tips for Homebuyers

By Daniel Bortz From Kiplinger’s Personal Finance Home prices are expected to remain flat or even fall in 2023. Still, prices are lofty. And if you’re in the market for a home, here are some tips to keep costs down. Look into mortgages with low down-payment requirements. The average down payment across the nation’s 50…


Save Money With a Mortgage Rate Buydown

A mortgage is usually the most significant monthly expenditure that people have. The 28 percent rule is that a mortgage makes up about 28 percent of a monthly income. That makes keeping that monthly payment down a priority. There is a way to temporarily lower a monthly mortgage. A mortgage rate buydown can help. But…