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 Should you pay mortgage points to lower your rate?

Answer On One Hand: Lower Interest RateWhen you pay points, the interest rate on your loan is reduced. Each point typically costs 1 percent of your mortgage and reduces your interest rate by about 0.25 pe... Read More »
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Top Q&A For: Should you pay mortgage points to lower your rate

Should I Buy Points to Lower My Mortgage Interest Rate?

401k retirement plans are investment programs, typically set up by an employer, where pre-tax dollars can be contributed by an employee. In some cases, employers match an employee's contribution e... Read More »
http://www.ehow.com/decision_7228632_should-lower-mortgage-interest-rate_.html

How many points can be purchased to lower a mortgage rate?

According to the Federal Trade Commission, the number of mortgage points available for purchase varies from one lender to another. The cost of one point is 1 percent of the principle amount of the ... Read More »
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Should you lock your mortgage rate?

On One Hand: It Secures Your MortgageAccording to Beaverton, Oregon-based mortgage broker Tony Saenz, a fixed-rate mortgage is a secure home financing option. By locking in a set mortgage rate, you... Read More »
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How to Refinance & Lower a Mortgage Rate?

A high-rate mortgage or an adjustable-rate home loan can increase your monthly obligation and decrease your ability to afford your home. Fortunately, mortgage rates aren't written in stone, and the... Read More »
http://www.ehow.com/how_6454926_refinance-lower-mortgage-rate.html


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