What’s Better: A Rate Buydown or Price Reduction?
Requesting seller concessions to pay for a rate buydown can lead to greater monthly and lifetime savings than requesting a lower purchase price.
April 24, 2025 8 MIN
Your trusted source for the latest mortgage news, trends, and advice.
Requesting seller concessions to pay for a rate buydown can lead to greater monthly and lifetime savings than requesting a lower purchase price.
You could be a homeowner in 10 steps. It may not be as hard as you think.
Title insurance can feel like an overpriced, unnecessary add-on at closing—but in a housing market full of hidden risks, it might just be your best protection against a costly legal headache. While not everyone needs it, this one-time policy can serve as a safety net if an unexpected claim ever threatens your ownership.
Lender credits can help pay closing costs, but the help isn’t free. The buyer still pays closing costs in the form of a higher monthly payment throughout the life of the loan.
How are single people buying homes in this market? We take a look.
Six figures used to buy you a pretty sweet house: about 140% of the typical home. Now? About 90%. What happened?
A typical first-time buyer house payment eats up 50% of the median income. But these aren't uncharted waters. It just feels terrible because the early 2020s were comparatively so cheap.
Will this week's big economic reports reflect the effects of the trade war? Or will its impact land in future months?
Nearly every major agency is predicting rates in the 6s or higher for 2025. But could rates drop into the 5s? There's a solid case for that argument.
A real estate agent in your corner can help you score a better deal on new construction, but perhaps at a cost.
Should you get a home inspection right before your warranty expires? Some experts think so.
Thinking about refinancing your mortgage? This guide breaks down the potential benefits, drawbacks, and alternatives so you can decide whether refinancing is the right move for your financial goals.
Lowering your interest rate from 7% to 6% will reduce your principal and interest payments by 9.88%, saving the typical US homebuyer around $250 per month.
Disputing items on your credit report can derail your mortgage approval, even if the account is inaccurate. What to do instead.
With some hard work, your credit score can skyrocket 100 points or more. Here's what it might take.
