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Both judicial and non-judicial processes are followed in North Carolina. Judicial foreclosure means ...
» NC   » Foreclosure05/02/2008
 
As part of his "To Do List" President Barack Obama visited Val and Paul Keller on Friday. The White ...
» NV   » Mortgage05/13/2012
 
A recent headline on the Good.is. website, "Can a Font Help a City Make a Comeback?," sounds simulta...
» TN   » Real Estate news02/22/2012
 
My family decided to take a trip from Reno to Las Vegas to see how the real estate market was behavi...
» NV   » Real Estate news02/16/2012
 
Let me begin by clarifying that, when it comes to speculating in the housing market, I have no dog i...
» MA   » Real Estate news11/16/2012
 
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Points

Discount points are paid upfront to mortgage brokers to give a sufficient yield when the borrower would like a lower interest rate. One point is one percent of the loan amount.

See also:
  • Payment
  • Payment Cap
  • Personal Liability
  • PITI
  • Planned Unit Development
  • Plat
  • Points
  • Possession
  • Prepaid
  • Prepayment Penalty
  • Prequalification
  • Principal
  • Private Mortgage Insurance
  • Property Tax
  • PUD
  • Purchase and Sale Agreement

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