Comment: The price paid to adjust an

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In reply to comment: "Interest rate swap" (see in situ)

The price paid to adjust an

The price paid to adjust an interest rate. Say you wanted to go from an adjustable rate mortgage to a fixed. You could pay points on that.

“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.” ― Henry Ford.