How can I save money on my mortgage?
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M$2 Answers
A mortgage point is like an interest charge which is paid when you are closing your loan. It is equal to 1% of your loan amount and is a good way to save money on taxes since such points are tax deductible for the year you made your purchase.
It is important to remember that while refinancing is a good idea, your long term savings should be comparatively higher than your expenses.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
