What Is A Seller-Paid Rate Buydown?

What Is A Seller-Paid Rate Buydown?

This is the big buzzword right now among in-house lenders, I know.  Why not give your sellers and buyers access to lower wholesale rates to begin with? What Is A Seller-Paid Rate Buydown? This is when the seller gives the buyer a credit to help “buy down” the...
Rates, Real Estate, and Recession

Rates, Real Estate, and Recession

Inflation is the big buzz word in 2022 and how quickly times have changes in the mortgage world. We are seeing huge lender like Rocket and Better.com with tremendous layoffs with the new frontier we enter now that rates are up a good 1.5-2% above where they were over...