Aug 9 2009

Should I invest in paying a point on my mortgage?

As we are a few weeks out from closing on our house, we have to decide if we want to pay any points at closing.  After completing the financial analysis, the investment answer depends on how long we are planning on living with this mortgage…very similar to a mortgage refinance decision…
So here are the initial [...]

Jun 6 2009

Close call on locking into my mortgage rate

Since we have entered into a contract for our new house, the mortgage rates have been very volatile in the last ten days or so…I have been following the 30 day fixed mortgage rates on Zillow to see if they have a chance to drop back down to the 5% or lower range, as seen [...]

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