Saturday, January 6th, 2007
Syndicated article in the Seattle Times, There’s rarely a point in paying points, experts say:
Only 1.4 percent of borrowers kept their loans long enough to make paying points worthwhile.
The study also found that borrowers who declined to pay points almost always made the right decision. Only 1.5 percent of them would have saved money by paying points.
You won’t catch me ever paying points!
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