Tag: mortgage points

  • Mortgage Points Can Be a Good Idea in Today's Market

    Mortgage Points Can Actually Be a Good Idea

    "Should I pay points, or not?" It's one of the first questions a mortgage borrower faces, and many simply reject the extra payment as an excessive cost with uncertain benefits. But in today's market, points can make good sense. Continue Reading

  • Mortgage Points: When It's Smart to Pay More Upfront

    Mortgage Points: When It's Smart to Pay More Upfront

    Pay more now for a chance to save much more later? That's the idea behind paying "points" on a mortgage loan. But it doesn't necessarily make sense for every homeowner. Mortgage points provide an opportunity for borrowers to lower their monthly mortgage payments by paying a lump sum at a loan's closing in... Continue Reading

  • Mortgage Jargon in Simple Terms

    Mortgage Jargon in Simple Terms

    Obtaining a mortgage loan means dealing with a lot of paperwork, from the documents you have to submit to documents you have to read and sign. More often than not, you're dealing with terms and conditions on various mortgage types that may be so difficult to understand that you just want to pull out your hair.... Continue Reading