Higher mortgage rates in 2023 led to an increase in borrowers paying discount points, but the benefits may be limited, says Freddie Mac study. Facing higher borrowing costs, borrowers paid more ...

As mortgage rates move higher, you might be looking for ways to make a home purchase cost less. In addition to finding an affordable property, negotiating prices and shopping for the best mortgage ...

When buying a home today, you might have to solve a puzzle about the mortgage rate you'll pay. Which would you do? Get the lowest monthly payment now by paying discount points to reduce the interest ...

The Consumer Financial Protection Bureau (CFPB) on Friday issued a rep o rt indicating that it is taking a closer look at the impact of “discount points” on mortgage transactions, noting that use of ...

When mortgage rates are high, borrowers look for ways to reduce their monthly payments Written By Written by Contributor, Buy Side Michele Lerner is a contributor to Buy Side and is a finance expert ...

If you're in the market for a new home or thinking about refinancing your mortgage, chances are you've heard of mortgage points. These points, commonly referred to as discount points, are a form of ...

The share of mortgage borrowers paying discount points doubled from 2021 through 2023, with the increase larger among consumers with lower credit scores, a Consumer Financial Protection Bureau study ...

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Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...

LAS CRUCES – Have you applied for a mortgage loan lately? If so, did your lender ask if you’d like to pay points? Who likes to pay? Well, you might if you’re convinced that you’ll receive something of ...