What are points on a mortgage? What factors does a mortgage borrower need to consider when deciding

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What are “points” on a mortgage? What factors does a mortgage borrower need to consider when deciding whether or not to take points on a mortgage?

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jan 27, 2015 08:35 AM

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What are points on a mortgage? What factors does a mortgage borrower need to consider when deciding

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A borrower pays points on a mortgage up front in exchange for a r...View the full answer

Financial Markets and Institutions

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