Rate buydowns are the cat’s meow in today’s market
Housing Wire
FEBRUARY 1, 2023
Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We Ginnie Mae backs bonds issued against securitized loan pools insured at the loan level through government agencies such as the FHA and VA. We do a lot of buydowns, so we’re in the thick of buydowns right now,” Nunziata said.
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