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Strangely enough, it is statistically proven that homeowners tend to prefer their home equity repayment to their first mortgage obligations. Find more interesting conclusions in the following article.
A Guide to Mortgage PointsMortgage points are often unjustly considered just another garbage lender fee. In fact they transfer some of the risk the lender undertakes to you effectively lowering the interest payments you will be due while repaying the mortgage.
Wondering if paying mortgage points makes any sense in your case? Find out how to determine where your benefit is.
Understanding the Mortgage Refinance Loan Funding ProcessMortgage points are often unjustly considered just another garbage lender fee. In fact they transfer some of the risk the lender undertakes to you effectively lowering the interest payments you will be due while repaying the mortgage.
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