According to Zillow’s analysis of Home Mortgage Disclosure Act data, almost 45% of conventional primary home buyers purchased points in 2022.
That’s up from 29.6% the prior year and 28.4% in 2020, according to Zillow.
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Rising Mortgage Rates and Their Impact on the Housing Market
Explore the effects of rising mortgage rates on the housing market, with insights into buyer behavior and real estate trends amidst economic shifts.
Estimated reading time: 0 minutes, 20 seconds
Mortgage Point Use Soared in 2022: Zillow
The share of homebuyers choosing to buy mortgage points in order to reduce their monthly payments rose sharply last year, Zillow Home Loans has found. So reports MortgageOrb.
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