The new 2022 conforming loan limits have been released, so I thought I’d republish a bit I did on when – and when not to – buy points on your mortgage.
In case you’re wondering, most of the Bay Area is bumped up to $970,800 and most of the rest of the country is $647,200 starting in 2022.
So should you buy points on your mortgage?
It depends if you’re buying or refinancing.
And it’s a different answer for each one.
