Tag Archive for: monthly payment

Mortgage Rates are Up: Should I Buy Mortgage Points?

Mortgage rates are rising and it’s hard to ignore. Buying mortgage points is one way to lower your mortgage rate but it can be a difficult decision for many homebuyers. For new borrowers getting ready to buy a home and for homeowners who want to refinance, it’s a good time to consider buying mortgage points, […]

When Should I Buy Mortgage Points?

When you’re ready to buy a home, you can lower your interest rate by buying mortgage points. If getting the lowest interest rate is your primary goal, then choosing to buy mortgage points or “discount” points can make a lot of sense. But paying mortgage points at closing isn’t always the best financial decision when […]