
As mortgage rates surge, an under-the-radar money-saving strategy is picking up steam among homebuyers
- Business Insider
More buyers are turning to 2-1 buydowns and other options for lowering the interest rates on their mortgages. A buydown can be worth it if you can get someone else, like a seller or homebuilder, to pay for it. Work with your lender to understand your options and whether a temporary or permanent rate buydown makes sense for you.