Sentences with phrase «discount points represent»
Discount points represent additional money you can pay to the lender at closing.
http://mortgage-x.com/
A discount point represents 1 percent of the loan amount and can be used to «buy down» an interest rate.
Not exact matches
GATCOIN is a distributed retail shopping platform that enables retailers to issue digital tokens representing liquid, tradable shopping incentives, such as loyalty points, discounts, and rewards.
Capital One's mortgage rates are similar to those at other banks, but it's unclear whether the interest rates and APRs represented on its site take into account the effect of mortgage discount points or lender credits, which let borrowers adjust between interest rate and upfront costs.
The 2,000 bonus points per stay are worth $ 16 and 3,000 points for a weekend stay represent a discount of $ 24.
The solid black line represents the (spot) certainty - equivalent declining discount rate that applies at any given point in time.
It's a good deal for banks: as Forbes points out, the National Association of Realtors finds that last month, short sales mean a 16 % discount on the mortgage balances for banks, while foreclosures represent a 20 % discount.