Explaining the Truth About Increasing Rates

Explaining the Truth About Increasing Rates

  • Dave Knight
  • 02/15/24

Interest rates are now around 7%, and many buyers are feeling discouraged. If you’re one of them, don’t be too quick to raise the white flag—there might just be a way to move forward with your home-buying journey. One creative strategy to purchase a home despite rising rates is to do a seller buydown. How does it work, and what’s truly going on with interest rates?

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