Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun Alternative spelling of buydown.

Etymologies

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Examples

  • Regena Frieden, a spokeswoman for Blue Cross Blue Shield Arizona, said that the plan's reserves are equal to six months of expenses and that "using reserves to buy-down premium increases would only serve as a temporary fix that would not address the underlying problem of rising health-care costs."

    Health plans may be raising premiums despite outsize surpluses, watchdog finds 2010

  • Regena Frieden, a spokeswoman for Blue Cross Blue Shield Arizona, said that the plan's reserves are equal to six months of expenses and that "using reserves to buy-down premium increases would only serve as a temporary fix that would not address the underlying problem of rising health-care costs."

    Health plans may be raising premiums despite outsize surpluses, watchdog finds 2010

  • One idea with broader support -- but with a potentially bigger price tag -- is an interest-rate buy-down that would allow existing homeowners to refinance to lower rates.

    Home Builders Make Plea for Federal Aid 2008

  • Realtors are pushing a 4.5% interest-rate buy-down for new loans.

    Home Builders Make Plea for Federal Aid 2008

  • "Congress should consider significant consumer incentives such as expanding the first-time home buyer tax credit and providing a government buy-down of mortgage interest rates for home purchasers," said NAHB's new chief economist David Crowe.

    Home-Builder Index Plunges to Low; 2008

  • So a 2% buy-down on a $200,000 mortgage would cost $16,000.

    Home Builders Make Plea for Federal Aid 2008

  • The housing industry wants all buyers to receive a tax credit for a home purchase and to have the government subsidize mortgage rates through a "buy-down" program lowering borrowing costs.

    What Happened to the American Dream 2008

  • As part of an industry proposal called "Fix Housing First," builders are asking Congress for a tax credit of up to $22,000 on houses bought over the next year and an interest rate buy-down that would reduce rates on new, 30-year fixed mortgages to 2.99% for houses bought through June 30, 2009.

    Toll Brothers Sales Sink to New Low 2008

  • "In some cases this will affect their take-home pay and may force members to buy-down, taking cheaper options."

    ANC Daily News Briefing 2006

  • Regardless of the cost of advertising, the buy-down on the phone we gave them away free; still do in many cases plus other set-up and sales spiffs was that high.

    Standard Metrics of Use 2006

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