Is the norm .25 of a point beween lowest interest rate and a "no point" loan?jah

It depends on what you mean by points. Are you asking about discount points? If so then most likely this is the case. If your lender is offering a high rate to cover costs of the lender fees or other charges then it could be a larger difference. When estimating the cost of a loan on the front end you could end up paying a hefty price for the loan with discount points so make sure that you are comparing offers apples to apples exactly between lenders.

Jeff,.25 is cheap. Usually, depending on the loan amount, it's between .375 to .500.by CaJumbo... Foreclosures will interest rates by having a negative affect on property value. Rates are based on loan-to-value (LTV). The higher the LTV, the higher the price adjustment. That may also create a mortgage insurance requirement, further increasing monthly payments. .... Happy funding, RudiHappy funding, Rudi

Jeff, don't know what exactly happened on that last post. Somehow, it added my previous response to someone else on the bottom of my response to you.The first line was my response to you plus a couple more word that didn't make it.