Understanding a 3-2-1, 2-1, and 1-0 Buydown Mortgage is extremely important in the 2023 housing market with elevated rates and lower affordability. Understanding 3-2-1 Buydown Mortgage A 3-2-1 buydown mortgage starts at 3% lower than your note rate in year 1, 2% lower in year 2, and 1% lower in year 3.  So, if you […]