<< Read Full Article

Mortgage Points May Not Be Worth Buying

Stock quotes in this article: COF , WB , WBS , HBC  

By Peter McDougall

Most homebuyers would jump at the chance to secure a lower rate on their mortgage.

Many do by paying their lender a fixed amount -- called a "point" -- for every fraction of a percentage point shaved from their loan's interest rate.

While a lower mortgage rate is attractive, buying points isn't always worth the cost. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,448.53 1,109.91 2,207.05 35.96
Oil *
73.55
DOWN
3.47
UP
1.98
UP
6.00
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.44
-0.03%
+0.18%
+0.27%
-0.19%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services