A Decent Tax Deduction: Getting to the Point on Mortgage Points Posted By : Joe Cline

Points are everywhere. Pencils have points; pins have points. Conversations have points. Points can be earned; points can be lost. Points can be counted; points can be made. And in real estate, points can be paid. In real estate, points are your mortgages interest, your property taxes and your loan fees. They are the little things that push the cost of financing your new home, along with closing costs and down payments, up ever so slightly.