How interest rate buydowns can help you buy a home in this market.
Interest rates are rising, and affordability is dropping. What can you do in today’s market to get the lowest rate possible? I have one secret weapon to help you do this: interest rate buydowns. You might’ve heard about these, but they haven’t been used for a long time. What are they exactly, and how can they help you in this market?
You can watch the full video above or skip to each section using the timestamps provided:
0:00 — Introducing today’s topic
1:29 — What monthly payment can you afford?
2:01 — How you can use seller concessions as a tool
2:51 — How this could affect your purchase
4:31 — You could get a payment that is similar to renting
5:42 — This can help you hedge against inflation.
6:13 — Wrapping up
If you have any questions, feel free to call us at (480) 227-2028 or send us an email. We‘d love to help.