Why do points increase the effective interest rate for a mortgage loan more if the loan is

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Why do points increase the effective interest rate for a mortgage loan more if the loan is held for a shorter time period than a longer time period?

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Real Estate Finance And Investments

ISBN: 9780073524719

13th Edition

Authors: William Brueggeman, Jeffrey Fisher

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Question Posted: Jul 26, 2024 02:01 PM

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Why do points increase the effective interest rate for a mortgage loan more if the loan is

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Real Estate Finance And Investments

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