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Posted on Sep 06, 2024

The effect of points, a financing cost paid to the lender as a form of pre-pay interest, is to a. Raise the mortgage payment b.

The effect of points, a financing cost paid to the lender as a form of pre-pay interest, is to

a. Raise the mortgage payment

b. increase the home equity

C increase the mortgage factor

D lower the mortgage rate

E decrease the mortgage amortization.

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