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- Mortgage financing techniqueA buydown is a mortgage financing technique with which the buyer attempts to obtain a lower interest rate for at least the first few years of the mortgage or possibly its entire life.www.investopedia.com/terms/b/buydown.asp
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Buydown: Definition, Types, Examples, and Pros & Cons
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WEBMar 20, 2024 · A buydown is a way for a borrower to obtain a lower interest rate by paying discount points at closing. Discount points, …
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WEBNov 29, 2022 · A “mortgage buydown” is a financing agreement where the buyer, seller, or builder will pay mortgage points, also known as discount points, at closing to obtain a lower interest rate. This one-time fee will …
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