Jeremy Does Not Like the Idea of Paying Points

question 28

Multiple Choice

Jeremy does not like the idea of paying points.A point is actually

• A)one percent of the selling price of the house.
• B)one percent of the amount financed with the mortgage.
• C)one percent of the selling price minus the realtor's fee.
• D)one percent of the taxable value of the house and property.
• E)none of the above.