There are two primary ways to structure this, depending on whether you want a permanent or short-term discount: How To Buy Down Your Mortgage Interest Rate - Chase Bank
Buying down your interest rate is a strategy to lower your mortgage payments by paying an upfront fee, often called "points," at closing.
There are two primary ways to structure this, depending on whether you want a permanent or short-term discount: How To Buy Down Your Mortgage Interest Rate - Chase Bank
Buying down your interest rate is a strategy to lower your mortgage payments by paying an upfront fee, often called "points," at closing.
