Buying points is popular mortgage option

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Buying points is a popular mortgage option, where you pay 1% of the mortgage price in return for a small interest rate drop, usually 0.1%. In this week's discussion board, we are going to explore the advantages and disadvantages of buying points for a mortgage. Look up information on buying points, and write a small report. In it, report whether you think buying points is worth it or not? Give one example to justify your claim, and be sure to cite your source or source(s) used.

Reference no: EM131828941

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