Define the term point and explain how it is used and list, Finance Basics

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Define the term point and explain how it is used and list

1. Without a national mortgage exchange, how are mortgages traded in the United States?

2. Explain the relationship between the price and the yield on a mortgage loan.

3. Define the term point and explain how it is used, and list the different charges that can be quoted in points.

4. What market does Freddie Mac serve, and how does it raise money for the purchase of mortgage loans?

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Finance Basics: Define the term point and explain how it is used and list

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Finance Basics: Define the term point and explain how it is used and list

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