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Points or No Points: That Is the Question

Thursday, August 13, 2009

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Points or No Points:  That Is the Question

In order to ascertain whether or not to opt for points or no points when refinancing, let’s first describe what mortgage points are. Mortgage points are fees paid in order to obtain a mortgage.  Each point is based on 1% of the total amount of the loan.  The most commonly known points are called discount points. According [...]

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