When interest rates shift, buyers and sellers alike start looking for creative ways to make deals work. One strategy that’s drawing a lot of attention right now is the temporary rate buydown.
In the conversation with Kate Cole-Ienna, Broker-in-charge with Discover NC Homes, Shaun Utterson, Senior Mortgage Advisor with Loansteady breaks down the mechanics of temporary rate buydowns and compares them directly with the classic buydown structure. Rather than relying on generalities, he goes step by step through how the payments change, who benefits most, and what trade-offs exist.
The interview doesn’t just stop at the basics. Shaun shares real examples, outlines the financial impact year by year, and points out the long-term considerations buyers often overlook. Sellers, too, will find value in understanding how offering a temporary buydown can help attract buyers without resorting to drastic price cuts.
If you’re in the market to buy or sell a home in Brunswick County, this is a conversation worth watching. It may change how you think about financing—and could save you thousands.
At Discover NC Homes, we’re dedicated to connecting you with not only the right property but also the knowledge to make smart financial choices.
📍 Ready to start your search? Visit www.discovernchomes.com or call us at 910-363-4387.
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Shaun Utterson
Senior Mortgage Advisor
Loansteady
Direct: : 980.210.8587
Cell: 910. 444. 9567
301 Government Center Drive, Suite 200
Wilmington, NC 28403
About Nolan Formalarie
Nolan Formalarie has been in the North Carolina Real Estate Industry for over 8 years and enjoys every minute of it. He is involved in every aspect of the industry including selling and purchasing residential property, home watch services, property management, association management and construction.
