Welcome back to Finance Friday.

It's another special edition of Money Girl where I answer your burning money questions.

Today's topic comes from Jimmy, who says, I'm buying my first home and researching mortgages.

I see options that include points.

Can you explain how to know if buying points

will save me money in the long run? Thanks for your question, Jimmy. I recently bought a new home and

also had to determine if buying points would benefit me. So don't miss this episode if you're in the

market to buy a new home. Or maybe you just want to understand the pros and cons of mortgage

points for a future transaction. This podcast will be... to buy a new home, or maybe you just want to understand the pros and cons of mortgage points

for a future transaction. This podcast will review five things you should know about points

so you can choose the best home loan for your situation. Thanks for downloading episode 901 of

the Money Girl podcast. I'm Laura Adams, an award-winning author, money speaker, on-camera

spokesperson, and founder of The Money Stack, my free Substack newsletter. You can learn more and connect

with me at laura d.adams.com. That's also where you can email your money question and sign up for

the Money stack.

It gives subscribers a terrific money success toolkit that I highly recommend.

You can also record a brief question or comment on our voicemail line by calling 302-364-0308.

All right, let's talk about five things you should know about mortgage points.

So getting a mortgage is a massive financial decision and, you know, kind of going through it again

recently reminded me of all the expenses that come up. And buying points can help you get the best deal, but they're not for

everyone. So let's go through five things you should know so that you can evaluate if the expense of

points will eventually pay off. All right, the first thing you should know is how mortgage points

...