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As used in real estate finance, what is meant by discount point?
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In real estate finance a discount point refers to a fee that a borrower can choose to pay at the time of closing in exchange for a lower interest rate ...Get Instant Access to Expert-Tailored Solutions
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
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