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Buying Mortgage Discount Points You can buy down your interest rate by up to 1.0 percent to reduce your interest costs and get a lower payment. Before you choose to complete a rate buydown, make sure you take the time to compare your monthly savings with how long you plan to own the home.

What Are Mortgage Points and How Do They Work?

What Are Mortgage Points and How Do They Work?

Buying Points vs. Higher Down Payment – Little Seed Farm

Buying Points vs. Higher Down Payment – Little Seed Farm

Low rates mean big buying power. How much can you afford for $1,500 per  month? [INFOGRAPHIC] | Mortgage Rates, Mortgage News and Strategy : The  Mortgage Reports

Low rates mean big buying power. How much can you afford for $1,500 per month? [INFOGRAPHIC] | Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports

How much should you put down on a house? Not 20%

How much should you put down on a house? Not 20%

How Much Does a 1% Difference in a Mortgage Rate Make? - LiveFrugaLee

How Much Does a 1% Difference in a Mortgage Rate Make? - LiveFrugaLee

How Much a $200,000 Mortgage Will Cost You

How Much a $200,000 Mortgage Will Cost You

Down Payments: How They Work, How Much to Pay

Down Payments: How They Work, How Much to Pay