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Senior Affair Magazine
  • Featured
  • Gift Guide
  • Lifestyle
    • Dating and Relationships
    • Internet Service
    • Pets
  • Technology
    • Cell Phones
    • Smart Home
    • Virus Protection
  • Money
    • Credit and Debt
    • Investing
    • Loans
    • Senior Discounts
  • Health and Fitness
    • Medicare
    • Arthritis
    • Fitness
    • Hearing and Eyes
    • Organic Wellness
    • Weight Loss
    • Insurance
    • Mobility
  • Blog
  • Shop
  • About
  • Contact
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mortgage points

Mortgage points, also known as discount points, are fees a homebuyer pays directly to the lender (usually a bank) in exchange for a reduced interest rate.

What Are Mortgage Points and How Do They Work? 3 Facts.

June 18, 2023 by Greg Wilson
What Are Mortgage Points and How Do They Work? 3 Facts

    Two Kinds of Mortgage Points There are two main types of mortgage points. In this Senior Affair article, we answer what mortgage points are and how it works. Before we get into it, let’s remove the concern about origination points from the conversation; they aren’t the object of this discussion. Origination points are the fees … Read more

    Categories Finance, Loans Tags mortgage points Leave a comment

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