The Mortgage Blog

Mortgage Terms: Rate Point Breakeven Definition

Search For:

Mortgage Terms: Rate Point Breakeven Definition

Rate point breakeven

Definition

The period you must retain a mortgage in order for it to be profitable to pay points to reduce the rate

Related Terms

Other terms related to 'Rate point breakeven' starting with the letter 'R'

Required cash, Recast payment, Reverse mortgage, Right of rescission, RESPA

Browse by Letter »   1 4 A B C D E F G H I J L M N O P Q R S T U V W Y

Search For:

Credit Repair   Mortgage   Real Estate   Mortgage Insurance   Mortgage Calculator   Mortgage Refinancing   more »

© 2008 www.fouyemortgage.com