I'll Save You Money » 30 year fixed interest rate http://www.illsaveyoumoney.com Stretching Your Dollar to New Limits Sun, 24 Jul 2011 22:48:24 +0000 en hourly 1 http://wordpress.org/?v=3.3-RC1 Mortgage Points Explained — How it may save you money http://www.illsaveyoumoney.com/mortgage-points-explained-how-it-may-save-you-money/ http://www.illsaveyoumoney.com/mortgage-points-explained-how-it-may-save-you-money/#comments Thu, 28 May 2009 07:06:12 +0000 Edward Galstyan http://www.illsaveyoumoney.com/?p=227

by Edward Galstyan

So what are mortgage points, exactly?

Mortgage points are sold by the lender when purchasing a house. Mortgage points are also called discount points. The purpose of purchasing mortgage points is to reduce the fixed APR on your loan. For each point you [...] Related posts:

  1. Pre-Qualification vs Pre-Approval
]]> http://www.illsaveyoumoney.com/mortgage-points-explained-how-it-may-save-you-money/feed/ 0