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Updated about 1 year ago, 11/07/2023

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7
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5
Votes
Ryan Sun
5
Votes |
7
Posts

Should I sell mortgage points right now?

Ryan Sun
Posted

Based on my understanding, purchasing points typically necessitates holding the mortgage for 5-6 years to reach the break-even point. Given the current scenario, there's a high probability that mortgage rates may decrease within the initial 2 years. Would it be advisable to sell the points, receive closing credits, and subsequently refinance when the rates drop?

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