Published by Linda at September 27, 2022 If you’re ready to buy the home of your dreams, but rising rates have kept you on the fence, there may be an option – a temporary rate buydown. What’s a temporary rate buydown? With a cost paid by the seller or builder, your loan’s interest rate is ‘bought down’, meaning reduced, for an initial temporary period. There are no surprises; the rate buydown is adjusted each year by a […]