by April Murphy
October 7, 2024
On September 18, the Federal Reserve moved to lower the cost of borrowing money by a half percentage point. This was a much larger drop than anticipated (most experts were predicting a quarter of a percentage point).
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by Kathryn Cardin
May 1, 2023
For those looking to lower monthly mortgage payments despite high interest rates, there is the option to buy mortgage points, or “discount points.”
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On September 18, the Federal Reserve moved to lower the cost of borrowing money by a half percentage point. This was a much larger drop than anticipated (most experts were predicting a quarter of a percentage point).
For those looking to lower monthly mortgage payments despite high interest rates, there is the option to buy mortgage points, or “discount points.”
