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America's housing market is slowing down. Monthly payments are climbing out of reach for many prospective homebuyers and some sellers are hesitant to pull up stakes, unwilling to face a real estate environment where you get less house for your money, with mortgage rates approaching 7%. But the wheels of commerce must keep turning, and some realtors are finding creative ways to close deals. Everything is on the table: from pitching adjustable rate mortgages to offering free pilates lessons and more. On the financing front, a so-called buydown incentive is now surging in popularity, experts say. Under this type of arrangement, a seller "buys down" the interest rate a home purchaser will have to pay in the initial years of their mortgage. For example, in a 2-1 buydown scenario, the buyer's interest rate will be 2% below the contract rate during the first year. In the second year, it changes to 1% below. After those first two years, the mortgage payment returns to th...

In this article CSG.N-CH Follow your favorite stocks CREATE FREE ACCOUNT A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with its major investors to reassure them amid rising concerns over the Swiss bank's financial health, the Financial Times reported, citing people involved in the discussions. One executive involved in the talks told the Financial Times that teams at the bank were actively engaging with its top clients and counterparties over the weekend, adding that they were receiving &quot ;messages of support&quot ; from top investors. related investing news No more 'TINA:' The case for putting money into cash, short-term bonds in this volatile market Samantha Subin 2 days ago Shares of Credit Suisse touched fresh lows last week. The stock is down about 55% year-to-date. Spreads of the bank's credit default swaps (CDS), which provide investors with protection ...