Paul L. Underwood is a writer and editor specializing in finance whose work has appeared in The New York Times, Esquire, Texas Monthly and more. Paul lives in Austin, Texas, with his wife, two ...

Mortgage points, also called discount points, are prepaid interest you pay at closing in exchange for a lower interest rate ...

(NewsNation) — Mortgage rates are at their lowest level in two years — and could fall further — but interest payments are just one of the costs that come with a mortgage. Buyers also have to take into ...