Buyers have multiple options available to them that can lower their rates.
Interest rates are top of mind for most buyers when they’re considering whether or not to buy a home right now. We’ve found that many folks don’t know that there are options to help mitigate those interest rates, both in the short or long term. I recently talked with Joe Allen from Guild Mortgage, one of our local lender partners, to help explain some of the options that folks have when it comes to interest rates.
Feel free to watch the full message above or use these timestamps that will direct you to various points in the video.
0:00 — Introducing today’s topic
0:40 — The current market situation
1:30 — Buyer solutions: 2-1 and 3-1 buydowns
2:50 — Solution with a set rate
3:40 — Talk with a lender and a Realtor to choose the best solution
4:30 — Wrapping up
If you have any questions, don’t hesitate to contact me by phone or email. I look forward to hearing from you.