Encouraging inflation readings are resulting in the lowest mortgage interest rates we have seen in the past 4 months. We expect interest rates to continue their slow decline throughout 2023.
What can you do NOW to jump into the market before demand increases and you have less negotiating power?
A payment buydown can reduce your monthly mortgage payment for 1-2 years, enabling you to refinance to a permanently lower interest rate when rates decline.
Traditionally, most temporary buydowns are paid for by the seller as a closing cost equal to the buyer's interest savings. There are two payment buydown options we recommend:
Contact us today to get pre-approved to purchase today!