What Is a Temporary Buydown?

By Stephen | July 30, 2025
Image of Stephen Palermo sitting at his desk explaining New build or existing home

What Is a Temporary Buydown?—with Stephen Palermo A temporary buydown reduces your mortgage rate for the first few years of your loan. This lower rate means smaller monthly payments at the beginning. It’s a great option if today’s mortgage rates are higher than you hoped for. You can use a temporary buydown to ease into…

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