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 ...

Mortgage points, also known as discount points, are fees you pay a lender to reduce the interest rate on a mortgage. Each ...

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 ...

If you’re buying a home in a high interest rate environment, there’s a handy little hack that can enable you to reduce your rate over time, known as “discount points” or “buying down the rate.” ...

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 ...

That’s why many homebuyers look to mortgage points as a way to lower their rates and save on long-term interest costs. However, buying mortgage points is not always the best move when buying or ...

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 ...

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 ...

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 ...