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.
They're paid as a percentage of your loan size such that 1 discount point carries a cost equal to 1% of your loan size. A $200,000 loan with 1 discount point, therefore, would require $2,000 in points to be paid at closing.