- Sep 24, 2007
- Reaction score
Builders buy/hedge money in bulk to try to get rid of their purchase inventory as quickly as possible by offering lower than market rates. It's a great idea in my opinion. But if they don't sell the homes the money is intended for, they lose out big. Those rates are intended for purchase only on their developments.I saw the other day Lennar is offering 3.5% fixed 30yr on their new Homes...