Thinking about paying points to lower your mortgage interest rate? Don’t do it Paying points costs you thousands right now for a lower rate over 30 years. The break-even point to recoup that cost is typically 3-5 years vs paying no points. We are in a rate-cutting cycle and you will most likely refinance into a lower rate before you reach that break-even point. Don’t pay the bank for a 30-year benefit you’ll only use for a couple of years. Focus on getting the best rate without paying points. |
1:02
Thinking about paying points to lower your mortgage interest rate…
97 views2 weeks ago
FacebookDustin Evans
Mortgage Refinance and Home Refinancing from Bank of America
1:36
Mortgage Refinance and Home Refinancing from Bank of America
May 15, 2018
bankofamerica.com
What Are Mortgage Points And How Do They Work? | Bankrate
What Are Mortgage Points And How Do They Work? | Bankrate
2 months ago
bankrate.com
Are mortgage points worth it? #mortgagepoints #refinance #mortgagetip | Julie Johnson
0:46
Are mortgage points worth it? #mortgagepoints #refinance #mort…
3.7K views8 months ago
FacebookJulie Johnson
When Should You Refinance Your Mortgage? | Bankrate
When Should You Refinance Your Mortgage? | Bankrate
2 months ago
bankrate.com
Mortgage Points Explained
Mortgage Points Explained
10 months ago
investopedia.com
Reverse Mortgage: Types, Costs, and Requirements
Reverse Mortgage: Types, Costs, and Requirements
8 months ago
investopedia.com
Cash-Out Refinancing: Unlock Home Equity and When to Refinance
1 month ago
investopedia.com
Understanding Mortgage Discount Points: How They Lower Your Inte…
Feb 20, 2024
investopedia.com
Mortgage Refinancing: What Is It And How Does It Work? | Bankrate
5 months ago
bankrate.com
0:53
Mortgage Points Explained Are They Worth It? #shorts
149 views4 weeks ago
YouTubeLosangeles mortgage
2:36
What Are Mortgage Points And Should You Pay Them? - Home Bu…
3 views3 months ago
YouTubeHome Buyers and Sellers Guide
3:26
What Are The Hidden Fees When Refinancing My Home?
2 weeks ago
YouTubeBlack Family Wealth Leader
3:01
How Do Points Affect My Fixed-rate Mortgage Interest? - Ask Your Ban…
2 months ago
YouTubeAsk Your Bank Teller
2:34
What Costs Should I Know Before Refinancing?
2 weeks ago
YouTubeBlack Family Wealth Leader
4:30
What Are The Common Fees When Refinancing A Mortgage? - Assets…
1 month ago
YouTubeAssetsAndOpportunity
3:24
How Do Mortgage Points Lower Your Interest Rate? - Home Buyer…
3 months ago
YouTubeHome Buyers and Sellers Guide
3:12
Should I Pay Discount Points To Refinance My Home Loan? - Ask Y…
3 months ago
YouTubeAsk Your Bank Teller
2:53
What Is The Break-even Point For Mortgage Refinancing? - Assetsan…
1 month ago
YouTubeAssetsAndOpportunity
0:42
Should You Buy Mortgage Points? The Real Answer
3 weeks ago
YouTubeGet VA Loans Today
2:44
What Are Mortgage Discount Points For Interest Rates? - Asian Americ…
3 months ago
YouTubeAsian American Realty Pro
2:33
How Do Points Buy Down Fixed-rate Mortgage Interest? - Ask Your Ban…
2 views2 months ago
YouTubeAsk Your Bank Teller
2:29
What Are The Tax Benefits Of Paying Mortgage Points? - Asian …
1 views2 months ago
YouTubeAsian American Realty Pro
2:27
What Are Mortgage Points For Home Buyers? - Home Buyers and Seller…
1 month ago
YouTubeHome Buyers and Sellers Guide
2:49
What Are Mortgage Points And How Do They Impact My Rate? - Asian …
1 month ago
YouTubeAsian American Realty Pro
3:13
How Do You Amortize Mortgage Points For Property Tax? - Propert…
3 months ago
YouTubeProperty Taxes Uncovered
2:45
Should You Pay Mortgage Points To Lower Your Interest? - Home Buye…
1 views1 month ago
YouTubeHome Buyers and Sellers Guide
2:24
How Do Mortgage Points Work When Buying A Home? - Home Bu…
1 month ago
YouTubeHome Buyers and Sellers Guide
2:23
What Key Terms Compare in Mortgage Refinances?
3 weeks ago
YouTubeHome Investing Experts
4:02
How Do You Find Your Mortgage Refinancing Break-even Point? - A…
1 month ago
YouTubeAssetsAndOpportunity
See more videos
Static thumbnail place holder