Rates are very high right now so it's tempting to pay points to buy down the rate. But how do you determine whether this makes financial sense? Doug explains how to calculate the math to know when your break-even point would be. It's also important to decide whether you think the rates will go down and when you think that might happen. Some banks also allow for a Loan Modification, which allows you to keep the same loan but take advantage of a lower rate should rates go down after you close. The bank will likely charge a flat fee, but it should be less than the cost of refinancing to a new loan. To request a free copy of Doug's book Hippocratic House: Do No Harm When Purchasing Your Physician Home, go to www.HippocraticHouse.com. Links: Have you ever considered a different way of practicing medicine, whether you are burned out, need a change at pace, or are looking to supplement your income? Locums story.com is the perfect place to start. https://locumstory.com/