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Senior Affair Magazine
  • Medicare
    • Medicare Advantage Plans
    • Medigap / Supplement Plans
    • Medicare for Diabetics
    • Does Medicare Cover Eye Exams?
    • Does Medicare Cover Dental Implants?
    • Does Medicare Cover Cataract Surgery?
  • Health
    • Medical Alert Systems
    • Emergency Call Buttons
    • Best Hearing Aids
    • Weight Loss After 60
  • Technology
    • Cell Phone Plans
    • Easiest Smartphones
    • Best Flip Phones
    • Affordable Plans
  • Money
    • Senior Restaurant Discounts
    • Hobbies That Make Money
    • Retirement Hobbies
  • Wellness
    • CBD for Arthritis Pain
    • Arthritis Resources
  • Lifestyle
  • All Articles

mortgage points

Mortgage points, also known as discount points, are fees a homebuyer pays directly to the lender (usually a bank) in exchange for a reduced interest rate.

What Are Mortgage Points and How Do They Work? 3 Facts.

June 18, 2023 by Greg Wilson
What Are Mortgage Points and How Do They Work? 3 Facts

Two Kinds of Mortgage Points There are two main types of mortgage points. In this Senior Affair article, we answer what mortgage points are and how it works. Before we get into it, let’s remove the concern about origination points from the conversation; they aren’t the object of this discussion. Origination points are the fees … Read more

Categories Finance, Loans Tags mortgage points Leave a comment

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