IRS interest rates are unchanged for the fourth quarter of 2014 (October 1, 2014, through December 31, 2014). These are the rates changed on underpayments and overpayments:
The 3% rate applies to underpayments of estimated taxes by individuals. All of these rates have held steady since October 1, 2011.
Source: Rev. Rul. 2014-23
Charges to the homeowner at the time of the loan. A point is equal to 1 percent. Depending on the type of loan, points may be currently deductible or amortized over the life of the loan.