A small model house with a red roof sits on top of a one hundred dollar bill, symbolizing the cost of a home or mortgage, illustrating the points you must weigh carefully in financial decisions.

Should You Pay Points on a Home Purchase?

Mortgage interest rates are at historic lows. If you have great credit with a FICO score above the mid-700’s, these days you’ll probably qualify for a rate below 5%. Despite the low rates, if you make a home purchase, should you pay points to lower your rate even more? Generally, my answer is “No.” What […]

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