Long & Foster McLean

10/10/2026

Buying in a higher-rate market can call for a little creativity. A 2/1 temporary buydown gives buyers a planned payment runway:

🏠 Year One: Payment calculated using a rate 2 percentage points below the note rate.

🏠 Year Two: Payment calculated using a rate 1 percentage point below the note rate.

🏠 Year Three and beyond: The full note-rate payment applies.

The important detail? The mortgage’s actual note rate does not change. Funds set aside at closing subsidize the difference during the first two years, and the payment progression is established from the beginning.

When permitted, negotiated seller concessions may help fund this strategy. It will not fit every buyer or transaction, but it can be worth discussing when the numbers align.

Real estate colleagues, save and share this with buyers exploring their options! 💙



NMLSR ID #193430
Equal Housing Lender
©2026 Prosperity Home Mortgage, LLC. (877) 275-1762. 3060 Williams Drive, Suite 600, Fairfax, VA 22031.
All first mortgage products are provided by Prosperity Home Mortgage, LLC. Not all products are available in all areas. Not all borrowers will qualify. NMLS ID #75164 (For licensing information go to: NMLS Consumer Access at http://www.nmlsconsumeraccess.org/).

10/09/2026

Dennis is an accomplished industry leader with over two decades of extensive brokerage, luxury and national industry experience.

10/06/2026

35 Years, and a Top Producer for almost all of them! Happy Anniversary, Margaretha!

09/30/2026

Long & Foster McLean participated in the company’s Community Service Day on Sept 30th, 2026, at Women Giving Back in Sterling, VA to help sort and organize donations.

"WomenGivingBack supports women and children in crisis on a first step to stability by providing quality clothing, shoes, accessories, and other essentials at no cost, assisted by a caring and committed community." https://womengivingback.org/

Long & Foster sales associates and employees from throughout the company participate in a variety of volunteer activities during Community Service Day. In past years, these activities included cleaning up, refurbishing and repairing nearby parks, schools, shelters, homes and day care centers, and providing other assistance to local organizations that offer crucial services to the community.

If you'd like to donate clothing, you can drop your donations off at our office at 1355 Beverly Rd in McLean. Call 703-790-1990 if you have any questions.

Special thanks to Tatiana Ivleva Lopez at Prosperity Home Mortgage and Ed Schudel of RGS Title LLC McLean for buying everyone lunch!

09/26/2026

A new Senate bill would let first-time homebuyers get up to $50,000 in federal matching funds, but similar proposals have stalled in Congress before, and some economists warn this kind of assistance could actually backfire. Here's why.

09/17/2026

Congratulations to our Top Agents for August!

09/17/2026

09/16/2026

09/16/2026

Blood Drive
Wed, Sept 16, 2026
6800 Fleetwood Dr, McLean
2-7pm

Visit https://tinyurl.com/McLeanHouse0916
Call 1.866.256.6372, use code 8746

Donate and receive a $10 e-gift card. *
Photo ID required. Allow one hour for your donation.
*While supplies last. Gift Cards take 7-10 business days to deliver to your email address. Must complete screening process to receive giveaway.

Call: 1-866-256-6372 | 45745 Nokes Boulevard, #160 • Sterling, VA 20166 | Copyright 2025 | Sitemap | Privacy Policy 2026 HemaConnect by InVita Healthcare Technologies