{"id":373,"date":"2025-11-14T06:57:00","date_gmt":"2025-11-14T06:57:00","guid":{"rendered":"https:\/\/bluegreymortgage.com\/?p=373"},"modified":"2025-11-14T06:57:00","modified_gmt":"2025-11-14T06:57:00","slug":"temporary-buydowns-2-1-and-3-2-1-explained","status":"publish","type":"post","link":"https:\/\/bluegreymortgage.com\/temporary-buydowns-2-1-and-3-2-1-explained\/","title":{"rendered":"Temporary Buydowns \u2014 2-1 and 3-2-1 Explained"},"content":{"rendered":"\n<p>Temporary buydowns are a popular way to <strong>ease into your mortgage payment<\/strong> \u2014 especially in today\u2019s market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">? How They Work:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>2-1 Buydown:<\/strong> Your rate is reduced by 2% in year one, 1% in year two, then returns to your full rate in year three.<\/li>\n\n\n\n<li><strong>3-2-1 Buydown:<\/strong> Reduced by 3% in year one, 2% in year two, and 1% in year three.<\/li>\n<\/ul>\n\n\n\n<p>The cost of the buydown is typically <strong>paid by the seller, builder, or lender<\/strong> as part of your closing package \u2014 making it an amazing tool for homebuyers who want short-term payment relief without committing extra funds upfront.<\/p>\n\n\n\n<p>At <strong>Bluegrey Mortgage<\/strong>, we\u2019ll show you how a temporary buydown can fit into your overall strategy and make your first years of homeownership more comfortable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Temporary buydowns are a popular way to ease into your mortgage payment \u2014 especially in today\u2019s market. ? How They Work: The cost of the buydown is typically paid by the seller, builder, or lender as part of your closing package \u2014 making it an amazing tool for homebuyers who want short-term payment relief without [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buy-downs"],"acf":[],"_links":{"self":[{"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/posts\/373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/comments?post=373"}],"version-history":[{"count":0,"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/posts\/373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/media\/374"}],"wp:attachment":[{"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/media?parent=373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/categories?post=373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluegreymortgage.com\/wp-json\/wp\/v2\/tags?post=373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}