Borrowers Opt for Permanent Rate Buydowns

HousingWire, Feb. 6, 2023–Connie Kim
Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. In turn, borrowers who are entering the market are leaning heavily toward buying down their first lien interest rates by paying points up front.
https://www.housingwire.com/articles/borrowers-facing-affordability-challenges-opt-for-permanent-rate-buydowns/