Post Tagged with: "mortgage points"

Does Buying Down Your Mortgage Rate Make Sense?

Does Buying Down Your Mortgage Rate Make Sense?

Paying for mortgage points is one of the most common ways to get a lower interest rate. Sometimes called discount points, they’re the prepaid interest you pay at closing. Each point is equivalent to 1% of the loan amount, so the cost will depend on how much you will borrow. Mortgage […]

by January 29, 2018 Comments are Disabled On The Money