Question: What are discount points, and why do some mortgage borrowers choose to pay them?

What are discount points, and why do some mortgage borrowers choose to pay them?

Step by Step Solution

3.46 Rating (169 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Discounts points are the points that are usually paid when ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

195-B-F-F-M (1402).docx

120 KBs Word File

Students Have Also Explored These Related Finance Questions!