Podknife - Mortgage Minute - What are points and when does it make sense to pay them? by Financial Residency

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Mortgage Minute - What are points and when does it make sense to pay them?

Podcast |: Financial Residency
Publisher |: Financial Residency Network
Media Type |: audio
Podknife tags |: Business,; Careers,; Interview,; Management & Marketing,; Personal Finance,; Science & Medicine
Categories Via RSS |: Business,; Careers,; Investing
Publication Date |: Oct 31, 2023
Episode Duration |: 00:08:35

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com

Doug explains how points are calculated. Sometimes you can pay points to buy down your interest rate, but should you?

Doug talks about how to determine how long it would take to "break even" by paying money up front to get a lower rate. He then talks about forecasts in the mortgage industry about whether rates will go down.

To learn more about Doug Crouse or to get a free copy of his book, go to www.DougCrouse.com.

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