What does “points mean when you have a mortgage loan?
Juan H asked:
I see loans that read that the Mortgage rate is for examples @ 6.125% with 1.5 points, then next to it one that reads Mortage rate 6.5% with 0 points. Which is better?
Patrick
I see loans that read that the Mortgage rate is for examples @ 6.125% with 1.5 points, then next to it one that reads Mortage rate 6.5% with 0 points. Which is better?
Patrick
Tags: Mortgage Loan, Mortgage Loans, Mortgage Rate