See how we rate mortgages to write unbiased product reviews.More buyers are turning to 2-1 buydowns and other options for lowering the interest rates on their mortgages.A buydown can be worth it if you can get someone else,

With mortgage rates verging on 7% and economic concerns mounting, prospective buyers aren't rushing into the spring housing market.

Sales of new US single-family homes surged to more than a three-year high in April as builders lowered prices to attract buyers, but rising mortgage rates and economic uncertainty remained headwinds for the housing market.