What are mortgage points and how do they lower your interest rate?

… When you use financing to buy a house or apartment your monthly mortgage payments … credit one of the ways to lower the cost of borrowing is to buy mortgage pointsalso known as buying down the rate … charges he says  It is up to the homeowners to decide what makes sense for them Especially in New York City where …

By Jennifer White Karp |July 15, 2021 - 4:00PM
Closing credits: What are they and why would you negotiate for them?

… listing price of other apartments in the building  When the market softens as it has during the pandemic particularly in … the board thinks the unit should be valued at and what the market says it is Prices have fallen at some fullservice … valuable than it actually is It should affect the market analysis because it really is a reduction of the purchase …

By Emily Myers |February 4, 2021 - 9:30AM