Homebuilders Offer Rate-Shy Buyers A Pacifier

By Published On: January 23, 2019Categories: Business News, Commercial Real Estate News, Residential Real Estate News, TJ Client NewsComments Off on Homebuilders Offer Rate-Shy Buyers A Pacifier

Interest rates may be historically low, but as they inch up some homebuilders, like Taylor Johnson  client Lexington Homes, are offering incentives to help calm nervous homebuyers. Knowing a timely topic when we hear one, we reached out to Crain’s Chicago Business with news about Lexington Homes offering a limited-time “buy-down” mortgage rate. The end result was a story about what local builders are doing to respond to rate hikes. Read the full story here.

Lexington Homes is currently offering a 3.75 percent rate buy down on a 30-year mortgage at certain communities, including Lexington Pointe in Des Plaines (shown in photo).

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