According to the National Association of Home Builders, 27% of builders offered mortgage rate buydowns in November, up from 19% in September.
Also in November, 25% of builders reported paying points for buyers, versus 13% in September.
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Homebuilders have ramped up their incentive offerings to combat weakened demand for new homes. So reports Builder.
According to the National Association of Home Builders, 27% of builders offered mortgage rate buydowns in November, up from 19% in September.
Also in November, 25% of builders reported paying points for buyers, versus 13% in September.