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Mar 28, 2024
10:03
:17
am
bulletproof
All-American
Here is another tip to homebuyers, don’t pay to buy down your rate right now
You will most likely be able to refinance and get that same rate in 6 months to a year and save yourself thousands of dollars.
Or do a temporary buy down (1-2 years), because any unused portion of that buy down you will get back when you refinance.
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bulletproof
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bulletproof
Joined
Sep 11, 2003
Last login
May 12, 2024
Total posts
6,419 (26 FO)
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Messages
Author
Time
Tip on a good deal that some mortgage companies offer:
BleedCougarBlue2
Mar 28, 9:51am
Buy down may not make sense if you think interest rates will drop.
cougarfann888
Mar 28, 9:54am
That’s a fair point but I’d ask anyway. Might find a surprising answer like I
BleedCougarBlue2
Mar 28, 10:01am
<< Deleted >>
BleedCougarBlue2
Mar 28, 9:59am
Here is another tip to homebuyers, don’t pay to buy down your rate right now
bulletproof
Mar 28, 10:03am
So do you buy up and take the extra cash? 🙂
Fdnman
Mar 28, 10:34am
My apologies for not making it more clear. I’m not saying buy a home NOW and
BleedCougarBlue2
Mar 28, 11:02am
The point should be ask about different rates with points or getting credits and
johnnybyu
Mar 28, 12:30pm
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