Buying down mortgage rates when buying a home

Mortgage rates have moved to their lowest levels in nearly three years following the government’s announcement that it plans to purchase up to $200 billion in mortgage-backed securities. As shown in the scenario shared in this reel, if you purchased a home within the past few years, this could be a good time to review your refinance options. That said, results will vary. Not every refinance will produce savings like the $217 per month shown in this example, and the scenario shared is not a guara

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