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Welcome to another insightful episode of LendGo's Mortgage Mastery Podcast. Today, we're delving into a strategy many homeowners consider reducing their mortgage payments: buying down interest rates. This approach involves borrowers securing a lower interest rate for a specific duration or the entire loan term by paying additional fees upfront, commonly called "mortgage points."
(Watch the full episode tomorrow on Thursday, May 2, 2024)
Welcome to another insightful episode of LendGo's Mortgage Mastery Podcast. Today, we're delving into a strategy many homeowners consider reducing their mortgage payments: buying down interest rates. This approach involves borrowers securing a lower interest rate for a specific duration or the entire loan term by paying additional fees upfront, commonly called "mortgage points."
(Watch the full episode tomorrow on Thursday, May 2, 2024)