Mortgage Points: How They Can Save You Money
Mortgage Points: How They Can Save You Money
Abstract
Mortgage points are a type of loan discount. One point equals one percent of your loan amount. The more points you pay, the lower your interest rate will be. This is because you’re essentially paying for a lower rate upfront. The amount of money you save with each point depends on the interest rate and loan term. This can save you a lot of money in the long run. For more information, visit FastExpert.
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American Pacific Mortgage / September 27, 2022 at 8:00 AM
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But what some homebuyers accidentally overlook are the closin...
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The post With mortgage rate volatility, buyers can save by shopping around appeared first on HousingWire.
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The post With mortgage rate volatility, buyers can save by shopping around appeared first on HousingWire.
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