Should I pay points on a mortgage? Mortgage points explained. Is buying mortgage points worth it?

Often times you see lower than normal mortgage rates advertised but you need to read the fine print. Paying points on the mortgage are usually required to get that “low” rate. But you need to know how much that “low” rate is actually costing you when it comes to buying a house.

In this video, my preferred lender – Matt Schwartz with Southlake Mortgage, and I explain what mortgage points are and discuss whether you should pay points on a mortgage when it comes to buying a house for the first time.

Rhonda Burgess, Broker
Southern Living Realty Partners

Matt Schwartz
Southlake Mortgage
214-550-0137 – office

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