Buy Downs

The program will lower foreclosures, even without buy-downs of troubled mortgages as the owners will have lower energy bills and thus be more able to deal with mortgage payments. ❋ Unknown (2009)

NAHB's Mr. Crowe said the plan mainly offers ways to mitigate foreclosures, while the NAHB is lobbying to add measures such as a homebuyer tax credit and government buy-downs on interest rates. ❋ Unknown (2009)

What's more, most of the measures the government is currently considering to stimulate housing, including mortgage rate buy-downs and tax credits, are targeted towards people who are purchasing homes, not those who are refinancing or remodeling. ❋ Unknown (2008)

: More than two months into the United Autoworkers union's strike at American Axle & Manufacturing, it appears that the two sides have pulled together a potential framework for a settlement, which likely will include buyouts, buy-downs in exchange for lower wages and the closure of at least two plants. ❋ Unknown (2008)

The taxes homeowners pay will also vary because of factors such as LOST tax buy-downs of rates, additional municipal taxes and county adjustments for municipal residents. ❋ Unknown (2010)

Wheaton-based Smykal Homes has introduced a range of financial incentives, including price reductions and interest rate buy-downs. ❋ Unknown (2010)

Just to keep the math simple, if benefit buy-downs probably picked up 100 basis points that would drag you down to 8 and then COBRA and flu are probably pushing you back up if you want to count them in into the upper 8 range. ❋ Unknown (2009)

To counter that, the National Realtor group is pushing for specific policy measures, including interest rate buy-downs, low fixed mortgage rates, low subsidized rates for refinancing and permanently higher loan limits of up to 125 percent of median home prices, Yun said. ❋ Unknown (2009)

The Neighborhood Stabilization Program is giving municipalities nationwide money to aid home-buyers with down payments, closing costs, mortgage rate buy-downs and rehabilitation expenses. ❋ Unknown (2009)

Large group benefit buy-downs for 2008 were in line with historical levels and early renewals in 2009 showed the same pattern as many larger benefit designs were locked in prior to further economic declines in 2008. ❋ Unknown (2009)

A late day note that the Obama administration was ready to subsidize troubled houses with partial buy-downs of loans to avoid repossession helped to bring on a recovery. ❋ Unknown (2009)

Many mortgage insurers will no longer insure cash-out refis using limited documentation, temporary rate buy-downs on investment real estate and non-traditional credit applications to buy second homes. ❋ Unknown (2008)

A combination of tax credits plus mortgage interest buy-downs was very successful in stimulating a recovery from the 1974-75 recession. ❋ National Association Of Homebuilders Exec. VP And (2008)