A point is prepaid interest; so buying points is paying part of your mortgage interest upfront instead of over the life of ...
Buying a home can be expensive with all its additional fees and costs. That’s why many homebuyers look to mortgage points as a way to lower their rates and save on long-term interest costs. However, ...
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Current Mortgage Rates

Mortgage rates ticked lower once again. According to Money’s daily survey, the rate on a 30-year fixed-rate loan is averaging 6.638%, a decrease of 0.024 percentage points. Mortgage rates are moving ...
The rate on a 30-year fixed refinance fell to 6.23% today, according to the Mortgage Research Center. Rates ...