This article appeared on Mortgage Bankers Association on March 5, 2021 https://newslink.mba.org/mba-newslinks/2021/march/ritesh-singhania-mortgage-rate-buy-down-points-to-sell-or-not-to-sell/ Lenders are often presented with the choice of selling some upfront points to buy down the fixed rate mortgage as against going for the zero-cost option, or even receiving points (to pay off closing cost) for selecting a higher fixed interest rate. These …
One interesting aspect of ‘global crisis’ situations (epidemics, perceived negative geo-political events, natural disasters etc.) is that, historically, any such negative event/ outcome has driven global investors to ‘safe haven’ investment opportunities, which invariably are the US Treasuries…
An entire industry (LendingClub, Prosper, Avant, Marcus by Goldman Sachs among other traditional Banks) is flourishing…
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