2/1 Buydown offers lower mortgage rates during these crazy times in the housing market

One way to navigate through these shaky times is to use a program called a 2/1 buydown, which offers lower mortgage interest rates for the first couple of years. Instead of negotiating a lower price from the seller, you can request the seller to pay the cost of a 2/1 buydown. This gives you the opportunity to get the home of your dreams at a payment that is much more affordable, with the opportunity to refinance in the future to a very attractive rate (Mortgage Rates will come ↘️ likely 1st or 2nd Q of 2023, will explain in another video). For now, let me know if you have questions on the 2/1 buydown so I can introduce you to a lender.