What's the most someone can buy down an interest rate using points?

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July 17 2009 - US
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Answers (1)

Profile picture for Bob Lowery
Probably around 7 due to federal high cost restrictions, but I don't think it would be worth it.  Once you get over 2 points, the buy down just isn't worth it.

Some states may not permit this many points to buy down the rate due to local caps.
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