Page 3 - Discount Points News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Uncle Sam wants you to buy a house, and he's offering some tax deductions that could save you money that you can take before New Year's Day.

Your mortgage rate plays a huge factor in what you’ll pay for your home. Here is how you can score the best mortgage rate in any market.

Adjustable rate mortgage at 4.75%, zero discount points, zero origination fees -- >> are you kidding? >> i kid you not, the savings is real. >> reporter: adjustable rate mortgages got a bad rap during the bubble years. but they're a wise choice if you know you're going to sell before they adjust. the shoblocks plan to downsize once all the kids go to college. the new mortgage will save them $55,203 over the next 10 years. >> i'm speechless. it's just so hard to come up with ways to thank you guys for your help. >> reporter: how much did we help? >> one, two, three -- >> wow! >> reporter: yes. ...

Adjustable rate mortgage at 4.75%, zero discount points, zero origination fees -- >> are you kidding? >> i kid you not, the savings is real. >> reporter: adjustable rate mortgages got a bad rap during the bubble years. but they're a wise choice if you know you're going to sell before they adjust. the shoblocks plan to downsize once all the kids go to college. the new mortgage will save them $55,203 over the next 10 years. >> i'm speechless. it's just so hard to come up with ways to thank you guys for your help. >> reporter: how much did we help? >> one, two, three -- >> wow! >> reporter: yes. ...