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09
June
Mortgage Education: “What’s the Point?”
Posted byFor a lot of homebuyers, there is a steep learning curve when purchasing a home. When it comes to getting a mortgage, it may feel like you are learning a whole new language.
One of the terms that cause a lot of confusion with homebuyers is “Points.”
Freddie Mac created an easy to use infographic that considers three important questions — interest rate points, credit rate points and discount points — to help you and your clients get the point on points.
CLICK HERE FOR FULL INFOGRAPHIC
Remember, everyone’s situation is different so give us a call today to see what’s best for you.
Source: Freddie Mac, Link