Estimated reading time: 0 minutes, 20 seconds

Mortgage Point Use Soared in 2022: Zillow

Friday, Apr 28 2023
Originating
Written by  The Mortgage Leader

The share of homebuyers choosing to buy mortgage points in order to reduce their monthly payments rose sharply last year, Zillow Home Loans has found. So reports MortgageOrb.

Zillow 150x150According to Zillow’s analysis of Home Mortgage Disclosure Act data, almost 45% of conventional primary home buyers purchased points in 2022.

That’s up from 29.6% the prior year and 28.4% in 2020, according to Zillow.

Read the full article from MortgageOrb.

Read 1426 times
Rate this item
(0 votes)
More in this category: « Ask The Expert: More Thoughts On Beating This Extra Long Slump Home Point Lays Off More Than 100 Workers After Sale »

FOLLOW US