Mortgage rates may have come down from their peak seen a few years ago, but for many borrowers, they’re still far from ideal. Buying mortgage points can help lower your monthly costs. With mortgage points, you’ll pay an up-front fee in exchange for a lower interest rate — and monthly payment — for the life of your mortgage loan. Depending on how you file your tax returns, points may also offer a potential tax deduction. Here’s what you need to know about mortgage discount points and your taxes. Dig de ...