http://www.compare-mortgages-and-loans.com/confused-about-mortgages/points-and-other-terms.html Points and other terms can be confusing, but our experts make all mortgage concepts easy to understand. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Understanding points and other terms One concept that is fundamental to understanding mortgages is the idea of points and other terms. Changes in rates are often expressed in terms of points, which represent 1/100 of a percent. So, if you are confused about mortgages and interest rates, keep in mind: a mortgage offered at 3.5% that goes up 25 points would then be offered at 3.75%. Relating points and other terms to you is the job of our accredited lenders. They can help with all inquiries that you may have about points and other terms. Help with points and other terms Contact our financial advisors today and learn which mortgage myths are worth paying attention to. There are also a pair of important factors that we'll help you better comprehend: How interest rates affect the loan How to choose a mortgage length Sat, 26 Jul 2008 15:00:00 EDT