Question re: miles and buying a home
 

We've finally taken the plunge and are all set to buy a home. Since I will be shelling out a fair amount of change, I am looking into the feasiblity of earning some (Mileage Plus) miles on the mortgage. Can somebody give me some pointers on this?

Thanks!

There are a lot of mileage options for loans, including some rebate options. Be careful and check out all of the loan options (mileage/non) based on price. You are spending a lot of money, if you can get a loan with miles for the same price great, but you might find a better deal without the miles.

There are lots of offers listed in the Home Buying section of the Finance Page of my website below.

I agree completely. If it costs you just .0125 percentage points (that's one-eighth percent, pretty much the lowest increment in mortgage interest rates) in order to earn frequent flyer miles, you'll wind up paying about $2400 for your miles over the life of the loan (assuming a $150,000 mortgage, fixed rate, over 30 years) -- and probably won't even have earned enough miles for a free ticket. Make sure there is no premium for getting the points.