08/25/2025
Realtor friends — here’s a tool to share with your buyers 👇
Fairway just rolled out the Home Budget Booster — designed to give buyers a little breathing room in their first year of homeownership.
✅ How it works: The interest rate is reduced by 0.5% for year one.
👉 Example on a $500,000 purchase with 20% down at 6.875% (30-year fixed):
• Standard monthly payment = $2,624
• With the Home Budget Booster (6.375% for year one) = $2,494
That’s about $130/month saved — or $1,560 in year one.
Why this matters:
Experts are predicting lower rates in 2026. Instead of paying upfront for a permanent buydown today, this program lets buyers save now and then explore refinancing later if rates fall.
📅 Available on applications from 8/12/25 – 11/18/25.
It’s a simple way to help hesitant buyers take the next step, while still keeping their long-term strategy in mind.
—
Disclaimer: Available for standard conventional loans only. Terms and conditions apply. Contact me for details.
