Mortgage Buy-Downs Surge as Interest Rates Climb
Briefly

From left: Total Quality Lending's Ivan Oberon, Delaware Pacific's Waleed Delawari, Agent Zane Widdes and Agent Derek Reilly In a residential market slowdown sparked by rising interest rates, agents and lenders look to sweeten deals with the financial tool of mortgage buy-downs, in which the interest rate is lowered for the first few years of a mortgage.
Read at therealdeal.com
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