Thanks Andrew for the quick Response, quick follow up thoughI am getting 5.5% and the lender said there is a mandatory 1 point on the loan - do you feel this is accurate? February 01 2010 - Salem00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.