Check out this example of how a 2/1 buydown can help make your mortgage payment more manageable. Below is a 2/1 buydown example for a purchase of $750k, with 20% down, 760 credit rating. Here we can see the value in the 2/1 program when making offers at list price or slightly higher as opposed to ... Continue Reading » about What is a 2/1 Buy Down and How Will It Help Lower my Mortgage Payment?
San Diego Mortgage
Some folks are concerned about a potential downturn in the San Diego housing market. With a severe shortage of new home inventory coming on the market paired with existing low inventory and high buyer demand will continue to insulate the housing market and current pricing.The rise in values will ... Continue Reading » about Mortgage Rates are Up: What Does that Mean for San Diego Home Values?