Answer:
B - closing costs are increased
Step-by-step explanation:
All of the other options are advantages to purchasing points. You want lower monthly payments (a), a tax break (c), and lower interest rate (d)
The correct answer is option B.closing costs are increased.
Mortgage points or discount points refers to the fees paid directly to the lender during closing in exchange for a reduced interest rate.
In this way the buyer buys down the rate, that helps in reducing his monthly mortgage payments.
So, option A, C and D are the advantages of purchasing discount points.
10.50x = 63
You'll divide 63 by 10.50 to get 6 weeks.
they don't know the correct length for ad, and they just guessed
1/2
