12-15-22 Utilizing 2-1 Buydowns in a higher interest rate market
Learn about the Powerful 2-1 Buydown that keeps the housing market moving in a higher interest rate market.
The 2-1 Buy Down is a mortgage product that reduces the interest rate on a home buyer’s mortgage for the first two years of the loan.
This product can be beneficial in a rising interest rate environment.
And it is important for both buyers agents and listing agents to understand before they tell a buyer.
No licensing credit. instructor: Mike Ott, 1st Heritage Mortgage