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 rate by paying loan discount points to get a lower rate interest rate for the buyer. 

This is a strategy used to avoid price reductions when mortgage rates rise as we have seen recently.

Here is an example:

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