How Much Does It Cost To Buy Down Mortgage Rate?
Save BIG with this Mortgage Rate Hack 👇
So on a $400k mortgage, buying down 1 point would be roughly $4,000 paid at closing. But get this, you can actually ask the seller to cover those buy-down costs!
Scoring a lower rate can save you thousands over the life of the loan. It's a smart way to make your monthly payment way more affordable.
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