I'll Save You Money » Interest http://www.illsaveyoumoney.com Stretching Your Dollar to New Limits Wed, 16 Sep 2009 08:44:18 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 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 pay up-front, you [...] Related posts:

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]]> http://www.illsaveyoumoney.com/mortgage-points-explained-how-it-may-save-you-money/feed/ 0 The Rule of 72 http://www.illsaveyoumoney.com/the-rule-of-72/ http://www.illsaveyoumoney.com/the-rule-of-72/#comments Tue, 12 May 2009 05:56:17 +0000 Edward Galstyan http://www.illsaveyoumoney.com/?p=75 by Edward Galstyan

So you’re saving money — care to learn an easy finance trick?

The rule of 72 is an easy way to determine how long an investment might take to double with a given, fixed annual rate of return. To figure out a rough estimate of how many years [...] Related posts:

  1. Mortgage Points Explained — How it may save you money
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