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MILLIONS of Homeowners ARE LOSING MONEY NOW...
Mortgage rate buy downs were the preferred method of home builders to offer incentives and discounts on properties over the past few years to get them sold without actually lowering the price. However, fast-forward to today, not only are home builders offering mortgage rate buy downs, but they're also offering price reductions and people who bought at peak prices are now starting to see their mortgage payments spike to much higher levels and now that the buy downs are expiring, many of these people are now losing money on the sale of their home.
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