Mortgage Origination and Discount Points: Understanding the Basics
What Are Mortgage Points? A mortgage point is a percentage-based fee paid at closing. Each point is equivalent to 1 percent of your total loan amount. For example, on a…
What Are Mortgage Points? A mortgage point is a percentage-based fee paid at closing. Each point is equivalent to 1 percent of your total loan amount. For example, on a…
You’ve worked hard for years to get where you are today. Now it’s time to plan for the next big thing — retirement. Here are four important things to do…
Homeowners who want to shave off dollars from their monthly mortgage payment, as well as save money on interest, might consider a mortgage recast. This strategy won’t help you pay off your…
What Is a Stock Dividend? A stock dividend is a dividend payment to shareholders that is made in shares instead of cash. The stock dividend has the advantage of rewarding shareholders…