{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/9c0a2849b311463b9a7b63838929866b\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/9c0a2849b311463b9a7b63838929866b-6571275222432441.gif","duration":243.051,"title":"Use Seller Credit to Reduce Payments","description":"This Loom explains how buyers can use the seller’s money to improve affordability when interest rates are over 7%. The speaker argues that a lower home price may not save buyers if they are financing, and gives an example where a $1,350,000 price reduction of $50,000 is less beneficial than offering the original price with a $50,000 seller credit. They say the credit can cover closing costs, a permanent interest rate buy-down, and a temporary buy-down, reducing the rate example from about 7.5% to 6.875% and then to 4.875% for the first year, saving $1,629 per month initially and $931 in year two. They also discuss expectations that rates may gradually decline after the inflationary impact of conflict with Iran and note that October 2025 rates were about 1.5% lower than today."}