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- Interest rate buy-down plans
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Interest rate buy-down plans
For cash-short buyers, some sellers are willing to advance funds from the sale of the home to buy down the interest rate and reduce the buyer's monthly obligation.
Related Terms
Rate lock
Interest rate ceiling
Initial interest rate
Certificate of deposit index
Variable rate mortgage
Interest accrual rate
Variable interest rate
Variable rate
Adjustment period
Cap
Adjustable-rate mortgage (ARM)
Rate-improvement mortgage
Dimension plans
Interest rate caps
Interest rate
Fixed-rate mortgage
Step-rate mortgage
Treasury index
Lock-in
FHA loans
Note rate
Negative amortization
Mortgage
Note
Life cap
Buy-down mortgage
Compound interest
Prepaid interest
Margin
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