Anyone locked mortgage rate recently?

[Ravi860]

19 minutes ago, chicagoafdb said:

First Texas not high end they are economical..rest are high end..

Vachi prices chusi cheppu uncle aa maata

[captcha]

7 hours ago, csrcsr said:

Pulte is offering in some communities for 5.25 30 fixed if 20% down and good credit (not sure defination of it may be 720 i giess) some builders like Kiper, Lennar is giving 30k incentive for buy down or closing ccost credits

some are giving permanent buydown and some are giving like 2-1 buy down

 

Not sure on the old homes heard some sellers offering buy down if its a good offer, the above thigs are in newer hoe communities like lathrop, tracy hills , manteca etc 

what is a 2-1 buy down?

[chicagoafdb]

58 minutes ago, Ravi860 said:

Vachi prices chusi cheppu uncle aa maata

I know uncle prices, seen built homes.. "first texas" is not in to high end builders league. if you think so its fine. you can buy a first texas home and apply upgrades its different story, can be call it as high end.. they just don't have brand value in market is my point.. they provide bang for buck.

[csrcsr]

1 hour ago, captcha said:

what is a 2-1 buy down?

Buyer ki bokka ne bro Ipudu just for example 6 undi anuko bayata , if seller or builder gives some money they will reduce by 2 percent first like 4 , 1 percent second year it will be around 5 after 2 years same rate idea endi ante sellers property odilinchujuntaru , buyer ki immediate ga some incentive  but later rates tagagakpotye he is stuck

https://crosscountrymortgage.com/what-is-a-2-1-buydown/

[pandu123b]

congrats bro @Ravi860 finally!

ekada tesskunav final ga!

peak interest lo kontunav ga mari chusuko!