How much is the typical discount point paid to buy down the rate will net typically in a lower APR? I have seen most lenders will do a reduced APR by .25% for one point. Is it possible in this market to lower the APR more than .25% per discount point?
How much is the typical discount point paid to buy down the rate will net typically in a lower APR? I have seen most lenders will do a reduced APR by .25% for one point. Is it possible in this market to lower the APR more than .25% per discount point?