What Is a 3-2-1 Buydown?
GB Studios (PROD)2023-11-18T17:04:32-08:00Understanding a 3-2-1 Interest Rate Buydown In challenging times with high-interest rates, buying a home might seem daunting, but there are advantages. Higher rates often mean: Less competition. Lower prices. Motivated sellers are often open to concessions. This can include negotiation over closing costs and mortgage discount points. This is where the 3-2-1 Interest [...]