A 2-1 rate buydown expalined

A 2-1 rate buydown is a type of mortgage that allows you to lower your interest rate for the first two years of your loan. This can make your monthly payments more affordable in the early years, which can be helpful if you are just starting out or if you expect your income to increase over time. Watch the video for a quick overview. https://gregmyers.org/ #sellmyhouse #castlerockcolorado #castlerockco #coloradorealestate #highlandsranch #coloradosprings #mortgagetips #firsttimehomebuyer