ilmscore | Prediction Details
"a permanent mortgage buy down says that if you want to get a 30-year fixed rate mortgage it's 7 1.2% but because you're going to buy this home from me this Builder I'm going to work to pay down your mortgage from 75% to now 6%"
By Minority Mindset | May 4, 2024 | Pending
From video
The REAL Reason Mortgage Rates Are Rising 00:03:40 - 00:03:55
Interpreted Prediction
A permanent mortgage buy-down from a builder could lower a 7.5% market rate mortgage to 6% for the life of the loan.

Prediction Details

Topic
Mortgage Buy Downs

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