Wrangler wrote: “Should one only use UMB?” This was a new term to me so I spent a little time on at “Professor Mortgage’s” website. How does one get the best deal on a mortgage? Professor Mortgage seems to think that a UMB is a good idea if you get a good one. And what about the pros’ and cons of paying points for lower rates? How does that work out economically?

Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace