Using Points to Lower Rates – Is it Worth it?

by amyc

Borrowers should calculate the break-even point when buying discount points. They may lower the mortgage rate, but it might not be cost-effective overall.

Categories

Recent Posts

Mortgage Rates Bounce But Remain Lower on The Week
Mortgage Rates Bounce But Remain Lower on The Week
Researchers Maintain Hurricane Season Prediction
Researchers Maintain Hurricane Season Prediction
Florida Realtors Awards $233K in Scholarships
Florida Realtors Awards $233K in Scholarships
Inexpensive Summer Decorating Refreshes
Inexpensive Summer Decorating Refreshes
RE Q&A: Should Equity Be Split 50/50 in Divorce?
RE Q&A: Should Equity Be Split 50/50 in Divorce?
Consumer Sentiment Surges
Consumer Sentiment Surges
First-Time Home Buyers Downsizing
First-Time Home Buyers Downsizing
Lowest Mortgage Rates in More Than a Month
Lowest Mortgage Rates in More Than a Month
Mortgage Rates Tick Down This Week
Mortgage Rates Tick Down This Week
How Education Is Shaping Homeownership
How Education Is Shaping Homeownership

Share on Social Media

GET MORE INFORMATION

agent
Beverly Amerman

Broker Associate | License ID: BK3235075

+1(609) 381-2153

700 Celebration Ave. Suite 700, Celebration, FL, 34747, USA

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Amerman Group/Keller Williams Realty at the Lakes, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.