As millennials and other first time home buyers begin their quest of buying a home, they face ever increasing costs of home-ownership. To help combat these increasing costs, lenders may provide some options to consider such as buying points. A caveat we have to mention (almost by law) – we are not financial advisers or mortgage experts. Any information we provide derives from personal experience and working with families buying a home. Please obtain counsel from a professional financial adviser to help you determine what option suits you and your family best.
