Locking in Rate today

[Brandon Pearsons]

Its strange the Mortgage Company's rule of thumb is it does not pay off in a few years don't by the points. This is an investment property that I plan on holding for 10 years or so...

What do you all think is the best option?

4.0% -1.40% points - Payment - $427.76 (principal and interest)

4.125%- 0.7%points - Payment - $434.25 (principal and interest)

4.25%- no points - Payment - $440.78 (principal and interest)

Thanks