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August 10, 2006

What are "Points" on your

Applying for a mortgage these days can be quite confusing. Especially when your lender starts talking about Points on your mortgage. If you are like most people, you are thinking to yourself, "what is he talking about?". To help clear up the confusion here is summary of mortgage points. Your mortage lender will use points as a type of up-front discount and tie them to the interest rate of the

From What are "Points" on your

Posted by Richard at August 10, 2006 10:23 AM