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Mortgage Rate Update – December 5th

Mortgage Rate Update December 5th, 2022 Bond traders woke back up this past week and pushed rates higher early in the week, but bounced back Wednesday propelled by Fed speaker comments and a stronger than expected jobs report. Check out…

What is a 2/1 Rate Buydown?

With home prices and mortgage rates at 20 year highs, homebuyers are looking for anything that will lower their monthly payment. A temporary 2/1 Rate Buydown (and even a 3/2/1 buydown) is getting a lot of marketing hype all over…

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