When you get a mortgage, you have the option to purchase points in order to get a lower interest rate. But what does that mean? This guide explains everything you need to know about purchasing points, including what they are and how they can help you save money on your mortgage. What Does it Mean to Purchase Discount Points to Get a Lower Interest Rate? This guide explains: What are points and what do they do? How do you purchase points and how much does it cost? What are the … Continue reading...
