Is it worth it to pay points? Whenever mortgage rates go up, borrowers always wonder if it makes sense pay points and thus reduces the rate. The answer is sometimes yes, sometimes no. Here’s how to tell the difference. What is a point? A “point” or “loan discount fee” is equal to 1 percent of […]
from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports http://ift.tt/2ES0zVR
via Naza Finance Blog
Sunday, 25 February 2018
Should you pay points to get a lower mortgage rate?
No comments:
Post a Comment