Sentence examples for point mortgage from inspiring English sources

But there are other factors to consider, like the difference between rental payments and mortgage costs, tax deductions for mortgage interest and, up to a point, mortgage insurance premiums.

Up to this point, mortgage rates had been surging due to anticipation of improved economic growth.

And Rood is quick to make an important point: Mortgage rates, unlike credit card and auto interest rates, are far more dependent on long-term yields such as the 10-year Treasury than the Fed's overnight rates.

Others suggest doing an analysis of your financial goals, along with a direct comparison of no-point and point mortgages.

The Federal National Mortgage Association, known as Fannie Mae, the nation's biggest buyer of mortgages from banks and other lenders, revamped its Web site last month to enable consumers to compare all the costs of getting a mortgage, including interest rates and points, mortgage costs, appraisal fees and title insurance fees.

Choose a no-point mortgage.

As a general rule, if you intend to own the home for a short period of time, a no-point mortgage may be the best option.

The only way to decide whether a no-point mortgage is worthwhile is to do the math and determine if a slightly higher interest rate over the course of the loan is worth saving money on paying points.

(As Mr. Tedesco explains it, he has at various points mortgaged his house and maxed out his credit cards).

The trade-off with no-point mortgages is that they are coupled with a higher interest rate.

I think he has a point about mortgage rates and about the global nature of easy credit.