09/28/2026
But Bailey, the rates!! What if I told you that high interest rates don’t have to lock you in forever.
Here are 3 proven ways you can lower or adjust your mortgage rate:
Interest Rate Buydown: Pay discount points upfront at closing to lock in a lower interest rate for the entire 30-year life of your loan.
Loan Refinance: Swap your current mortgage for a brand-new loan with a lower interest rate once overall market conditions drop.
Adjustable-Rate Mortgage (ARM): Start with a lower fixed rate for a set introductory period (like 5 or 7 years) before the rate begins to adjust along with the benchmark financial index.
Which of these strategies fits your long-term homeownership goals best?