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 Glossary   >   P   >   "Points" Definition   

        Points

1. When refinancing or taking out a loan/mortgage, each point is equal to one percent over and above the current interest rate.

Points
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Points - 1. When refinancing or taking out a loan/mortgage, each point is equal to one percent over and above the current interest rate.


Points : 1. when refinancing or taking out a loan/mortgage, each point is equal to one percent over and above the current interest rate.