Housing Market not Affordable: 1 Tip to Help with Mortgage Rate

The current housing market is suffering due to lack of inventory and high mortgage rates. Here is one tip that help with the interim affordability. Say you qualify for a 7% rate, have the seller temporarily buy your rate down. The first year your rate will be 5% and the second year 6%. Years 3-30 you will be at 7%. The best part, you can refi anytime!

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Ben Geanetta - REALTOR® and Team Leader
Elite Realty Partners Brokered by eXp Realty
(208) 603-4466
217 Cedar Street #274
Sandpoint, ID 83864
Info@YourElitePartners.com
https://yourelitepartners.com

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