Schedule a time with a Loan Officer
Apply Now

Mortgage Lenders in Raleigh NC

  • Buy A Home
  • Refinance
  • Learning Center
  • About
  • Contact
(919) 238-4934
CALL US TODAY! (919) 238-4934
  • Buy a Home
  • Refinance
  • Learning Center
  • About
  • Contact
  • Buy a Home
  • Refinance
  • Learning Center
  • About
  • Contact

What is going on in Real Estate and Home Loan Rates (October 2022 Edition)

October 9, 2022 by Kevin Martini

What is going on in real estate and home loan rates is the name of a new monthly series being produced by the Martini Mortgage Group for the Martini Mortgage Podcast. Episode 161 is the inaugural issue.

I truly believe episode 161 is one of the most important, if not the most important, that Logan and I have produced to date.

Kevin Martini, Certified Mortgage Broker

Video Edition of Martini Mortgage Podcast episode 161 called: What is going on in Real Estate and Home Loan Rates (October 2022 Edition)

Audio Edition of Martini Mortgage Podcast episode 161 called: What is going on in Real Estate and Home Loan Rates (October 2022 Edition)

apple podcast mortgage podcast
spotify mortgage podcast
iheart radio mortgage podcast

Transcript of Martini Mortgage Podcast episode 161 called: What is going on in Real Estate and Home Loan Rates (October 2022 Edition)

1
00:00:00,620 –> 00:00:04,726
[kevin_martini]: there’s a lot of scary headlines out
there right now which are highlight in the

2
00:00:04,807 –> 00:00:09,895
[kevin_martini]: sudden rise of mortgage rates the increase
in house inventory people are now talking about

3
00:00:10,035 –> 00:00:15,012
[kevin_martini]: the future of real estate and then
you have inflation two this is a new

4
00:00:15,152 –> 00:00:19,645
[kevin_martini]: special video and audio edition of the
new monthly series from the markin mortgage group

5
00:00:19,725 –> 00:00:26,039
[kevin_martini]: that we are calling what is going
on now before i start mixing it up

6
00:00:26,921 –> 00:00:33,153
[kevin_martini]: i need to make those legal folks
happy so the primary purpose of this podcast

7
00:00:33,213 –> 00:00:40,165
[kevin_martini]: series is to inform entertain and educate
the information opinions and recommendations presented in this

8
00:00:40,285 –> 00:00:46,455
[kevin_martini]: podcast series do not constitute legal or
their professional advice opinions or endorsements of any

9
00:00:46,615 –> 00:00:53,226
[kevin_martini]: kind welcome to the martini mortgage podcast
episode one hundred and sixty one i’m calling

10
00:00:53,287 –> 00:00:58,973
[kevin_martini]: it what is going on in october
twenty twenty two inaugural issue my name is

11
00:00:59,073 –> 00:01:04,983
[kevin_martini]: kevin martini and i am a certified
mortgage advisor and producing branch manager and i’m

12
00:01:05,103 –> 00:01:08,629
[kevin_martini]: less one four three nine six two
with the martini mortgage group back gold star

13
00:01:08,870 –> 00:01:16,377
[kevin_martini]: gage financial group corporation and les three
four four six equal house seen lender with

14
00:01:16,477 –> 00:01:21,811
[kevin_martini]: all that said let’s dive into the
news on friday october seventh the bureau of

15
00:01:21,931 –> 00:01:29,558
[kevin_martini]: labor statistics reported that two hundred and
sixty three thousand jobs were created in september

16
00:01:29,658 –> 00:01:36,473
[kevin_martini]: twenty twenty two and this was above
the expectations the unemployment rate decrease from three

17
00:01:36,574 –> 00:01:42,724
[kevin_martini]: point seven to three point five per
cent to the data from these reports spook

18
00:01:42,864 –> 00:01:48,934
[kevin_martini]: the markets because it provides an unofficial
signal that the fad will continue on its

19
00:01:49,115 –> 00:01:55,306
[kevin_martini]: tightening journey and it is likely to
be very aggressive to get inflation under control

20
00:01:55,427 –> 00:02:02,926
[kevin_martini]: moving forward let me be clear the
fan needs tightening because they need to reduce

21
00:02:02,966 –> 00:02:10,218
[kevin_martini]: demand in the market place and this
reduced demand should be the thing that teams

22
00:02:10,278 –> 00:02:15,824
[kevin_martini]: the beast and that beast is inflation
it is my opinion the fed will raise

23
00:02:15,984 –> 00:02:22,195
[kevin_martini]: rates in the november and december meetings
i also believe the fed fung rate could

24
00:02:22,255 –> 00:02:30,295
[kevin_martini]: be increased by one and a half
point it is an undisputable fact we have

25
00:02:30,396 –> 00:02:35,865
[kevin_martini]: not seen inflation at this level for
decades and the fens actions to be transparent

26
00:02:35,945 –> 00:02:43,097
[kevin_martini]: have helped but they’ve helped incrementally but
inflation is still persistent and high this is

27
00:02:43,257 –> 00:02:49,668
[kevin_martini]: critical because inflation is the nemesis or
the arch enemy to mortgage rates you see

28
00:02:50,820 –> 00:02:55,934
[kevin_martini]: mortgage rates are not controlled by the
federal reserve nor do mortgage rates come from

29
00:02:56,015 –> 00:03:02,653
[kevin_martini]: the stock market mortgage rates live in
the bond market inflating a road the return

30
00:03:03,075 –> 00:03:08,185
[kevin_martini]: of a bond just because there is
inflation it does not mean the markets will

31
00:03:08,285 –> 00:03:14,515
[kevin_martini]: stop in the simplest of examples market
makers will offer a higher yield to a

32
00:03:14,616 –> 00:03:22,748
[kevin_martini]: mortgage bond investor when more gage bond
yield is increased that means mortgage rates will

33
00:03:22,948 –> 00:03:28,823
[kevin_martini]: go higher now i feel that the
feds actions will get inflation under control in

34
00:03:28,883 –> 00:03:34,468
[kevin_martini]: the first quarter of twenty twenty three
it’s critical that i share this based on

35
00:03:34,628 –> 00:03:40,517
[kevin_martini]: history the fact has always been late
to the party and they stayed too long

36
00:03:40,597 –> 00:03:45,305
[kevin_martini]: to the party they were clearly too
late to this party because they thought inflation

37
00:03:45,405 –> 00:03:54,367
[kevin_martini]: was transiatory not sticky the developing story
is what will they do when inflationary pressures

38
00:03:54,728 –> 00:04:02,437
[kevin_martini]: are east stay tuned i think they
will stay after the party is over and

39
00:04:02,517 –> 00:04:10,841
[kevin_martini]: then they will promoting growth rapid massive
growth and this growth will provide a sharp

40
00:04:11,242 –> 00:04:17,019
[kevin_martini]: drop in mortgage rates by the way
that’s just not me fan may has said

41
00:04:17,080 –> 00:04:24,192
[kevin_martini]: that too let’s talk about mortgage rates
for a hot second for some the current

42
00:04:24,273 –> 00:04:29,682
[kevin_martini]: rate environment was not possible however for
a long term fans of the martini mortgage

43
00:04:29,742 –> 00:04:35,176
[kevin_martini]: podcast they were advised that this was
likely to happen and for those new fans

44
00:04:35,297 –> 00:04:41,786
[kevin_martini]: let me be clear it is probable
that mortgage rates will get worse before they

45
00:04:41,846 –> 00:04:48,752
[kevin_martini]: get better it is not unthinkable that
mortgage rates could start with an eight sooner

46
00:04:49,154 –> 00:04:56,289
[kevin_martini]: than later there are advanced strategies offered
by myself and fellow morgan strategist logan martine

47
00:04:56,349 –> 00:05:02,279
[kevin_martini]: to help today and in the future
too if home ownership is right for you

48
00:05:02,459 –> 00:05:07,227
[kevin_martini]: as first time home buyer or as
a repeat home buyer one of the many

49
00:05:07,488 –> 00:05:14,900
[kevin_martini]: options is the martini mortgage group no
contract lock program with a free flow down

50
00:05:15,561 –> 00:05:22,993
[kevin_martini]: up to ninety days this is a
very simple program but it is very powerful

51
00:05:23,775 –> 00:05:29,003
[kevin_martini]: here’s how it works a future home
buyer ken lock their mortgage rate at to

52
00:05:29,084 –> 00:05:35,334
[kevin_martini]: day’s price and that price can be
protected for up to ninety days in the

53
00:05:35,414 –> 00:05:39,782
[kevin_martini]: event there’s an improvement in the rate
when the future home buyer goes under contract

54
00:05:40,183 –> 00:05:44,815
[kevin_martini]: for their new home they will have
the option to float the right down to

55
00:05:44,856 –> 00:05:53,546
[kevin_martini]: the improved right how cool is that
this unique no contract lock program can be

56
00:05:53,586 –> 00:05:59,275
[kevin_martini]: combined with a seller paid by down
program offered by the martini mortgage group for

57
00:05:59,335 –> 00:06:04,504
[kevin_martini]: more information about the seller paid by
down check out episode one five nine of

58
00:06:04,544 –> 00:06:12,057
[kevin_martini]: the martini mortgage podcast since it explains
it in great detail the benefits of a

59
00:06:12,157 –> 00:06:18,903
[kevin_martini]: seller paid by down just give you
a glimpse if that’s okay real belief fly

60
00:06:18,983 –> 00:06:23,990
[kevin_martini]: there are three types of by downs
there’s a one one by down there’s a

61
00:06:24,371 –> 00:06:30,040
[kevin_martini]: two one by down and there’s a
three to one by down for illustration only

62
00:06:30,161 –> 00:06:35,670
[kevin_martini]: let’s assume your rate you lock with
our no contract lock program at six per

63
00:06:35,730 –> 00:06:42,560
[kevin_martini]: cent and let us assume you negotiate
or two one seller paid buy down this

64
00:06:42,700 –> 00:06:47,027
[kevin_martini]: would mean in the first year your
rate would be four per cent and in

65
00:06:47,068 –> 00:06:50,914
[kevin_martini]: the second year your rate would be
five per cent and then it would go

66
00:06:51,114 –> 00:06:57,733
[kevin_martini]: to six for your three through thirty
seller paid buy downs are a win win

67
00:06:58,396 –> 00:07:06,462
[kevin_martini]: since this program benefits both the seller
and the buyer too it’s not just me

68
00:07:06,783 –> 00:07:16,610
[kevin_martini]: but it is many experts believe that
the mortgage rates will significantly improve towards the

69
00:07:16,731 –> 00:07:22,039
[kevin_martini]: end of twenty twenty three to the
beginning of twenty twenty four the experts that

70
00:07:22,140 –> 00:07:26,447
[kevin_martini]: our bullets she that could be as
soon as the second quarter of twenty twenty

71
00:07:26,487 –> 00:07:31,242
[kevin_martini]: three to be transparen i think the
bulls are being a little bit too aggressive

72
00:07:31,302 –> 00:07:36,603
[kevin_martini]: and running too fast here is the
punch line the home loan rate you get

73
00:07:36,683 –> 00:07:40,190
[kevin_martini]: today is not likely going to be
the home loan rate you will have in

74
00:07:40,230 –> 00:07:45,891
[kevin_martini]: a couple of years because when the
thed gets inflation under control again when not

75
00:07:46,071 –> 00:07:51,736
[kevin_martini]: if and while they are staying at
the party too long which they will there

76
00:07:51,876 –> 00:07:57,876
[kevin_martini]: are going to be re finance opportunities
according to fanny may as i said earlier

77
00:07:58,156 –> 00:08:04,515
[kevin_martini]: they expect rates to start with the
four sometime in twenty twenty three this is

78
00:08:04,635 –> 00:08:11,869
[kevin_martini]: why the phrase marry the house and
date the rate is being said so frequently

79
00:08:11,949 –> 00:08:20,737
[kevin_martini]: by myself my fellow mortgage strategist logan
martini and others let me break it down

80
00:08:21,770 –> 00:08:28,080
[kevin_martini]: it is very probable that mortgage rates
will increase over the next three to six

81
00:08:28,280 –> 00:08:34,497
[kevin_martini]: months to levels that millennials have never
seen and even some folks that are generation

82
00:08:34,800 –> 00:08:42,117
[kevin_martini]: exerts mortgage rates are not the only
thing going up rents are going up to

83
00:08:43,090 –> 00:08:48,900
[kevin_martini]: don’t believe me well let me share
the facts in rale north carolina from july

84
00:08:49,100 –> 00:08:54,589
[kevin_martini]: twenty twenty one to july twenty twenty
two rents for one bedroom apartment went up

85
00:08:55,250 –> 00:08:59,657
[kevin_martini]: two point one per cent and a
two bedroom apartment went up forty four point

86
00:08:59,838 –> 00:09:05,848
[kevin_martini]: eight per cent in durham the bull
city of north carolina for the same period

87
00:09:05,928 –> 00:09:11,250
[kevin_martini]: of time to every apartment went up
fifty four point two per cent you know

88
00:09:11,310 –> 00:09:17,861
[kevin_martini]: what else is going up home values
did you know that three point eight four

89
00:09:18,122 –> 00:09:24,574
[kevin_martini]: per cent is the average annual growth
in home prices from ten eighty nine to

90
00:09:24,735 –> 00:09:32,198
[kevin_martini]: two thousand nineteen check it out i
took out the eighteen point five per cent

91
00:09:32,338 –> 00:09:38,068
[kevin_martini]: of annual appreciation per year for the
last two years of this calculation because the

92
00:09:38,730 –> 00:09:46,075
[kevin_martini]: home christ growth during the presence of
the eagle pandemic was a typical so three

93
00:09:46,155 –> 00:09:52,880
[kevin_martini]: point eight four per cent is the
past what about the future it is my

94
00:09:53,001 –> 00:09:58,890
[kevin_martini]: opinion what one person says about the
future of home values is irrelevant for me

95
00:09:59,491 –> 00:10:04,239
[kevin_martini]: and for the families the martini mortgage
group serves the gold standard of future home

96
00:10:04,520 –> 00:10:10,791
[kevin_martini]: uses the home price expectation survey done
every quarter by pullsnomics and that is because

97
00:10:10,871 –> 00:10:17,091
[kevin_martini]: it’s not one person’s opinion it is
the opinion of over one hundred experts oh

98
00:10:17,191 –> 00:10:23,201
[kevin_martini]: by the way the home price expectation
survey is expecting a five year cumulative appreciation

99
00:10:23,762 –> 00:10:30,739
[kevin_martini]: of over twenty four percent closer to
twenty five actually let me get granular for

100
00:10:30,800 –> 00:10:37,347
[kevin_martini]: a hot second let me not use
the current forecast from the home price expectation

101
00:10:37,487 –> 00:10:43,959
[kevin_martini]: survey data nor the data from the
past twenty years prior to the evil pandemic

102
00:10:45,400 –> 00:10:51,792
[kevin_martini]: let me be super conservative and let
me just say three percent appreciation a year

103
00:10:52,293 –> 00:10:59,012
[kevin_martini]: for the next five years what would
this mean simply put a fifteen thousand dollar

104
00:10:59,072 –> 00:11:05,478
[kevin_martini]: down payment on a three hundred thousand
house could grow to sixty two thousand dollars

105
00:11:05,558 –> 00:11:12,033
[kevin_martini]: over five years twenty five thousand dollar
thou payment on a five hundred thousand dollar

106
00:11:12,114 –> 00:11:19,370
[kevin_martini]: house could grow to a hundred and
four thousand dollars in over five years a

107
00:11:19,590 –> 00:11:25,600
[kevin_martini]: forty five thousand dollar down payment on
a nine hundred thousand dollar home could grow

108
00:11:25,801 –> 00:11:33,723
[kevin_martini]: to a hundred and eighty eight thousand
dollars over five years not owning a home

109
00:11:34,364 –> 00:11:42,005
[kevin_martini]: could not just cost you thousands but
tens of thousands it’s in we all have

110
00:11:42,065 –> 00:11:46,902
[kevin_martini]: to have a roof over our head
some will rent it and when you rent

111
00:11:47,222 –> 00:11:52,716
[kevin_martini]: you pay a mortgage you’re not paying
your mortgage you’re just paying for your landlords

112
00:11:52,816 –> 00:11:59,365
[kevin_martini]: mortgage for them others will own that
roof and logan martini and myself help them

113
00:11:59,525 –> 00:12:05,734
[kevin_martini]: secure the proper mortgage strategy for that
roof let me say this another way for

114
00:12:05,814 –> 00:12:13,037
[kevin_martini]: the people the back the growth in
home appreciation has decelerated in twenty twenty two

115
00:12:13,398 –> 00:12:19,288
[kevin_martini]: but just because home prices have decelerated
it does not mean homes are going to

116
00:12:19,368 –> 00:12:27,025
[kevin_martini]: depreciate in the aggregate poets are going
to continue to appreciate and grant it in

117
00:12:27,245 –> 00:12:34,970
[kevin_martini]: some markets that were extra frothy we
may see a decline from their peak key

118
00:12:35,151 –> 00:12:43,426
[kevin_martini]: word is some markets right now home
buyers can still find opportunities and i believe

119
00:12:43,506 –> 00:12:52,690
[kevin_martini]: that today a home buyer has the
proper conditions to secure more buying power if

120
00:12:52,730 –> 00:12:56,817
[kevin_martini]: you’re thinking of buying a home for
the first time or as a repeat home

121
00:12:56,837 –> 00:13:02,486
[kevin_martini]: buyer simply give a mortgage strategist with
a martini mortgage group a jingle by dialing

122
00:13:02,546 –> 00:13:08,784
[kevin_martini]: nine one nine two three eight forty
nine thirty four because it should always be

123
00:13:08,885 –> 00:13:15,885
[kevin_martini]: home long first and then go find
your home okay okay okay let me talk

124
00:13:16,025 –> 00:13:21,185
[kevin_martini]: about this elephant that’s in the room
many good people were hurt during the housing

125
00:13:21,265 –> 00:13:26,734
[kevin_martini]: crisis in two thousand eight if you
are not directly impacted is likely that someone

126
00:13:26,794 –> 00:13:33,524
[kevin_martini]: you cared about was negatively impacted is
sad what happened during the housing crisis but

127
00:13:33,604 –> 00:13:39,553
[kevin_martini]: the events that caused it are not
present today sure the housing crisis caused the

128
00:13:39,633 –> 00:13:45,523
[kevin_martini]: great recession however the great recession did
not cause the housing crisis let me be

129
00:13:46,004 –> 00:13:56,492
[kevin_martini]: crystal clear recession does not housing crisis
today i am reminded by a quote from

130
00:13:56,852 –> 00:14:04,850
[kevin_martini]: warren buffet be fearful when others are
greedy and greedy when others are fearful i

131
00:14:04,890 –> 00:14:10,199
[kevin_martini]: would like to add get educated and
make an educated decision and was right for

132
00:14:10,339 –> 00:14:16,289
[kevin_martini]: you and your family based on the
facts not based on the headline or what

133
00:14:16,369 –> 00:14:22,623
[kevin_martini]: you heard the backyard barbecue there is
never a substitute for education and armed with

134
00:14:22,704 –> 00:14:29,862
[kevin_martini]: a proper knowledge you can find right
now it is time to be greedy because

135
00:14:29,963 –> 00:14:39,130
[kevin_martini]: i have confirmation more millionaires are made
when people are fearful inclosing home ownership is

136
00:14:39,311 –> 00:14:43,874
[kevin_martini]: not right for everyone and the only
way you can truly know if home ownership

137
00:14:43,954 –> 00:14:49,042
[kevin_martini]: is right for you and your family
is by searching for is not by searching

138
00:14:49,102 –> 00:14:55,070
[kevin_martini]: for homes on line or by driving
all over town to visit but houses the

139
00:14:55,230 –> 00:15:00,952
[kevin_martini]: first step is always a home loan
and then once you have clarity of the

140
00:15:01,032 –> 00:15:06,758
[kevin_martini]: cost and the certainty that you can
secure the proper financing for yourself and your

141
00:15:06,819 –> 00:15:12,174
[kevin_martini]: family then you can make an educated
decision if home ownership is right for you

142
00:15:12,756 –> 00:15:20,539
[kevin_martini]: and your family if not it’s totally
fine but you’re making a decision based on

143
00:15:20,719 –> 00:15:25,914
[kevin_martini]: education not got but if it’s right
for you then you can go find your

144
00:15:25,954 –> 00:15:32,423
[kevin_martini]: home being lager focused and with certainty
my name is kevin martini and my fellow

145
00:15:32,503 –> 00:15:37,171
[kevin_martini]: morgan strategist is logan martini and we
are here to help you if you have

146
00:15:37,251 –> 00:15:41,739
[kevin_martini]: questions about what was in this episode
episode one sixty one of the martini morte

147
00:15:41,799 –> 00:15:48,049
[kevin_martini]: podcast no we are here our number
is nine one nine two three eight forty

148
00:15:48,130 –> 00:15:55,314
[kevin_martini]: nine thirty four we both look forward
to help oh by the way our website

149
00:15:55,374 –> 00:16:02,366
[kevin_martini]: has fresh and real information about securing
the proper mortgage strategy along with relevant information

150
00:16:02,687 –> 00:16:09,994
[kevin_martini]: on what one needs to know if
they thinking of buying or need additional resources

151
00:16:10,676 –> 00:16:19,500
[kevin_martini]: check it out by going to w
w w martini mortgage group dot com thank

152
00:16:19,520 –> 00:16:24,213
[kevin_martini]: you for tuning into this new monthly
series called what the heck is going on

153
00:16:24,273 –> 00:16:29,904
[kevin_martini]: in october twenty twenty two and thank
you for sharing this episode with someone you

154
00:16:29,965 –> 00:16:33,941
[kevin_martini]: care about peace and blessings

Filed Under: 1-1 Seller-Paid Buydown, 2-1 Seller-Paid Buydown, 3-2-1 Seller Paid Buydown, Appreciation, Buy a Home, Buydowns, Deprecation, Fannie Mae, Fed Funds Rate, Federal Reserve, Home Loan Rates, Home Loans, Home Price Expectation Survey, Home Values, Housing, Housing Market, Inflation, Kevin Martini, Logan Martini, Martini Mortgage Podcast, Mortgage, Mortgage Podcast, Mortgage Rates, Raleigh, Real Estate, Real Estate Podcast, Recession, Wake County Tagged With: Buying a Home in North Carolina, Buying a Home in Raleigh, Kevin Martini, Logan Martini, Martini Mortgage Group, Martini Mortgage Podcast, Mortgage Podcast, Mortgage Tips, Raleigh, Raleigh Mortgage Broker, Raleigh Mortgage Lender, Real Estate, Real Estate Markets, Real Estate Podcast

How Buyers and Sellers benefit from buydowns in Raleigh

October 2, 2022 by Kevin Martini

A unique way that more sellers can meet more homebuyers and more homebuyers can become homeowners is with Seller-Paid Buydowns.

Kevin Martini, Certified Mortgage Advisor with Martini Mortgage Group

WHAT IS A ‘SELLER-PAID BUYDOWN’?

A ‘Seller-Paid Buydown’ is where where the seller pays a fee at the closing to reduce the interest rate on the buyer’s mortgage temporarily. This results in temporarily lowering the buyer’s monthly payment and making the home more affordable for a homebuyer today.

WHAT TYPE OF ‘SELLER-PAID BUYDOWN’ ARE AVAILABLE TODAY WITH THE MARTINI MORTGAGE GROUP?

There are three ‘Seller-Paid Buydown’ strategies offered by the Martini Mortgage Group:

1-0 Buydown…seller pays a fee at closing (the fee must be within the Interested Parties Contribution based on the loan the homebuyer is securing) to reduce the interest rate on the homebuyer’s mortgage by 1% in year 1.

2-1 Buydown…seller pays a fee at closing (the fee must be within the Interested Parties Contribution based on the loan the homebuyer is securing) reduce the interest rate on the buyer’s mortgage by 2% in year 1 and 1% in year 2.

3-2-1 Buydown…seller pays a fee at closing (the fee must be within the Interested Parties Contribution based on the loan the homebuyer is securing) reduce the interest rate on the buyer’s mortgage by 3% in year 1, 2% in year 2 and 1% in year 3.

BENEFIT OF BUYDOWN FOR A HOMEBUYER?

A buydown reduces the buyer’s interest rate and monthly payment during the first few year(s) of homeownership, making the home more affordable for homebuyers. It has a much greater impact on the homebuyer’s monthly payment than reducing the list price of the home.

BENEFIT OF BUYDOWN FOR A HOME SELLER?

A buydown could be a great negotiating tool because a greater percentage of homes listed for sale in today’s market are seeing price reductions. Not only does a buydown makes a home more affordable to a wider range of buyers who may have otherwise been priced out of the market, it also tends to cost less than a price reduction.

A seller offering to pay for a buydown could give provide a competitive advantage vs. other homes listed for sale in today’s changing market. This is because interest rates have gone up significantly this year, creating an affordability crisis for many potential buyers. As an added benefit, a buydown could also save a seller the aggravation and financial loss of having to significantly reduce your list price in order to compete with other homes that may be listed for a lower price.

In today’s market both seller and buyers need to evaluate the best approach. The best approach for a homebuyer may be with a buydown versus a price reduction and for a seller, the best approach may be to offer a buydown instead of a price reduction.

Logan Martini, Senior Mortgage Strategist with Martini Mortgage Group

The following examples of Seller-Paid 1-1 Buydown, Seller-Paid 2-1 Buydown, 3-2-1 Seller-Paid Buydown are for illustration ONLY…assuming a sales price of $400,000 with a Borrower putting 20% down and securing a 30-year fixed mortgage with a rate of 7%. Comparing the sales price to a $25,000 price reduction to a Seller-Paid Buydown.

1-0 Buydown a.k.a. ‘Seller-Paid 1-0 Buydown’

1 1 buydown by raleigh mortgage lender kevin martini with martini mortgage group 507 n blount st raeligh nc 27604 1
seller paid 2 1 buydown a.k.a. 2 1 buydown

2-1 Buydown a.k.a. ‘Seller-Paid 2-1 Buydown’

2 1 buydown by raleigh mortgage lender kevin martini with martini mortgage group 507 n blount st raeligh nc 27604
seller paid 3 2 1 buydown a.k.a. 3 2 1 buydown

3-2-1 Buydown a.k.a. ‘Seller-Paid 3-2-1 Buydown’

3 2 1 buydown by raleigh mortgage lender kevin martini with martini mortgage group 507 n blount st raeligh nc 27604
real estate podcast on seller paid buydowns by raleigh mortgage lender kevin martini
Is a Seller-Paid Buydown the proper strategy for you?

I don’t know however I do know that there is never a substitute for researching your options with a Martini at the Martini Mortgage Group. For a FREE and confidential conversation, simply dial (919) 238-4934.

logan martini raleigh mortgage lender with martini mortgage group 2

Logan Martini

NMLS 1591485 | Senior Mortgage Strategist 

Martini Mortgage Group at Gold Star Mortgage Financial Group, Corporation | NMLS # 3446 | 507 N Blount St, Raleigh, NC 27604

[email protected]

Kevin Martini

NMLS 143962 | Certified Mortgage Advisor

Martini Mortgage Group at Gold Star Mortgage Financial Group, Corporation | NMLS # 3446 | 507 N Blount St, Raleigh, NC 27604

[email protected]

kevin martini best raleigh mortgage broker

Filed Under: 1-1 Buydown, 1-1 Seller-Paid Buydown, 2-1 Buydown, 2-1 Seller-Paid Buydown, 3-2-1 Buydown, 3-2-1 Seller Paid Buydown, Agency Loan, Buy a Home, buydown, Buydowns, Conforming Loan, Fannie Mae, FHA Home Loan, Freddie Mac, Home Loans, Kevin Martini, Logan Martini, Mortgage, Mortgage Rates, Raleigh, Real Estate, Things to Consider when Buying a Home, Uncategorized, VA Home Loan Tagged With: 1-1 Buydown, 1-1 Seller-Paid Buydown, 2-1 Buydown, 2-1 Seller-Paid Buydown, 3-2-1 Buydown, 3-2-1 Seller Paid Buydown, Buydowns, Buying a Home in North Carolina, Buying a Home in Raleigh, Gold Star Mortgage, Goldstar Mortgage, Kevin Martini, Logan Martini, Martini Mortgage Group, Mortgage Tips, Raleigh Mortgage Broker, Raleigh Mortgage Company, Raleigh Mortgage Lender, Raleigh Mortgage Rates, Seller-Paid Buydowns

    Contact Form


    to Terms of Use | Privacy Policy | TCPA Consent * By submitting you agree to our Privacy Policy, Online Policy, TCPA Disclosure & Consent for SMS/Texting. Msg/data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. By checking this box, you expressly consent that Martini Mortgage Group may call, text and email you about your inquiry. This may involve the use of automated means and prerecorded/artificial voices. This consent is not a condition to purchase any products or services. You are providing express written consent under the Telephone Consumer Protection Act (TCPA) to be contacted by Martini Mortgage Group. You may revoke this consent at any time by replying 'STOP' to any text message you receive or by contacting us at +1(919) 238-4934.

    Quick Links
    • Buy A Home
    • Refinance
    • Learning Center
    • Contact
    • About
    • Blog
    • Apply Now
    Loan Options
    • Conventional
    • FHA
    • VA
    • Jumbo
    • Reverse Mortgages
    • Cash-out Refinance
    • First Time Home Buyers
    • Bank Statement Loans
    • USDA
    • DSCR
    Resources
    • Home Purchase Qualifier
    • Refinance Analysis
    • Search Homes For Sale
    • Home Value Estimate
    • Mortgage Calculator
    • Mortgage Process
    • FAQs
    • Living in Raleigh
    • Podcast
    Contact
    • Martini Mortgage Group
      507 N Blount St
      Raleigh, NC 27604
    • Find us on Google

    • Phone: (919) 238-4934
    • NMLS# 143962
    Martini Mortgage Group at Gold Star Mortgage Financial Group

    Copyright © Martini Mortgage Group | All Rights Reserved.
    Terms of Use | Privacy Policy

    FacebookTwitterLinkedinYoutubeInstagram
    Equal Housing Lender

    Martini Mortgage Group at Gold Star Mortgage Financial Group, Corporation | NMLS # 3446 | For licensing information go to: www.nmlsConsumerAccess.org and/or www.GoldStarFinancial.com Please review our Disclosures & Licensing information | Gold Star Mortgage Financial Group Corporation has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency. Equal Housing Lender. For further information about Gold Star Mortgage Financial Group, Corporation, please visit our website at www.GoldStarFinancial.com. Receipt of application does not represent an approval for financing or interest rate guarantee. Applicant subject to credit, acceptable appraisal, title, and underwriting approval. Not all applicants will be approved. Other terms and conditions apply. Contact Gold Star Mortgage Financial Group, Corporation for more information and up-to-date rates.

      Contact Form


      to Terms of Use | Privacy Policy | TCPA Consent * By submitting you agree to our Privacy Policy, Online Policy, TCPA Disclosure & Consent for SMS/Texting. Msg/data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. By checking this box, you expressly consent that Martini Mortgage Group may call, text and email you about your inquiry. This may involve the use of automated means and prerecorded/artificial voices. This consent is not a condition to purchase any products or services. You are providing express written consent under the Telephone Consumer Protection Act (TCPA) to be contacted by Martini Mortgage Group. You may revoke this consent at any time by replying 'STOP' to any text message you receive or by contacting us at +1(919) 238-4934.

      Copyright © 2025 · Martini Mortgage Group on Genesis Framework · WordPress · Log in