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Please explain points and what advantage they may have for the borrower

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September 16 2011 - Mount Holly
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Answers (1)

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Paying points can lower the mortgage rate. That may save you money every month over time if you plan to stay in the house for a specific period of time. There is a points calculator here that you can use to find out if it makes sense in your situation or not.
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September 16 2011
 

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QuestionPlease explain points and what advantage they may have for the borrower
  • Latest answer by sunnyview
  • September 16 2011
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