The presidentâs executive action was the latest in a series of administration moves imposing new requirements on companies that contract with the U.S. government. It will give about 300,000 employees of federal contractors the chance to earn up to seven days of paid sick leave each year.Some workers who already have sick-leave benefits will have access to additional sick days.t will give about 300,000 employees of federal contractors the chance to earn up to seven days of paid sick leave each year. Some workers who already have sick-leave benefits will have access to additional sick days.
Discount points are a type of prepaid interest or fees mortgage borrowers can purchase that lowers the amount of interest they have to pay on subsequent payments. Each discount point generally costs 1% of the total loan amount and depending on the borrower, each point lowers the loan's interest rate by one-eighth to one one-quarter of a percent. Discount points are tax deductible only for the year in which they were paid. BREAKING DOWN 'Discount Points' Discount points are also known as mortgage points. They are a one-time, upfront mortgage closing cost which five a mortgage borrower access to discounted mortgage rates as compared to the market.
You can decide you donât want to pay or receive points at all. This is a zero-point loan. You can pay points at closing to receive a lower interest rate. Alternatively, you can choose to have points paid to you (also called lender credits) and use them to cover some of your closing costs.