【World Property Journal】U.S. Borrowers Purchased 15 Percent More Mortgage Points in 2022 Than 2021

The historically low interest rates of 2019-2021 saw far fewer buyers opting for points -- 29.6% in 2021, 28.4% in 2020 and 27.3% in 2019.  And borrowers who opted for a cash-out refinance loan (on a conventional loan for a primary home) bought even more points in 2022 -- 57.8% of these borrowers purchased points (compared with 48.4% in 2021, 44.2% in 2020 and 41.3 in 2019).

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