Hack To Lower Monthly House Payment

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Hack to buy now with a lower interest rate! The seller can pay for closing costs to buy down your interest rate. Its called a 2/1 Buydown. In year one, your rate is 2% lower . In year two, it is 1% lower. In year three it will be the full % that it was at the time of closing. In the meantime for the two years, you saved hundreds of dollars per month. By year three you will likely be refinancing anyway! #mortgage #interestrates #ratebuydown

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