told Newsweek a rate in the 5s may be achievable through a temporary mortgage rate buydown—particularly a 2-1 buydown.

Even as average mortgage rates remain high ... interest rate versus payments with the lower "buydown" rate. A 2-1 buydown on a $400,000 home with a 7% interest rate, for example, would cost ...

Remember, the mortgage rates you see advertised represent ... For example, a lender may offer a "3-2-1" buydown, where the interest rate is slashed by 3 percentage points in the first year ...

Other options include 2-1, 1-1 and 1-0 buydowns. CrossCountry Mortgage offers cash-out and rate-and-term refinancing in all 50 U.S. states and , Washington, D.C. and Puerto Rico. It also provides ...