Relocation and mortgage interest rates

Anonymous
Anonymous wrote:
Anonymous wrote:If the company is willing to pay for closing costs, then you need to call your mortgage loan officer and ask how many points you will need to pay on your new mortgage to buy the interest rate down to 2.8%. It will like be several points, but then ask the company to increase your closing cost allowance to cover that cost.


This. They need to buy down the new mortgage.


You can't buy down a rate that much.
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