3 hours What is a 3-2-1 Buydown Mortgage? Benzinga
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If you want to buy a home while keeping mortgage rates low, consider a buydown mortgage. Especially with current high interest rates, a 3-2-1 buydown mortgage means that you’ll get reduced interest rates for the first three years of the loan. You’ll need to pay the original interest rate from the fourth year. While this … Continued
The post What is a 3-2-1 Buydown Mortgage? by Alison Plaut appeared first on Benzinga. Visit Benzinga to get more great content like this.