Corporations and people go through a similar decision-making process when buying

Corporations and people go through a similar decision-making process when buying assets. 
In this case, you are buying a house and your mortgage company/bank offers to “let” you buy a “point” (1% of the loan amount) to reduce your APR from 6.5% to 6.25% on your $400,000, 30-year mortgage. 
Explain when you would/should buy the point and when you would/should not buy the point for the three scenarios below if:
A)  You plan to be in the house for less than 5 years?
B)  You plan to be in the house for 5 -15 years? 
C)  You plan on this being your “forever” home?  This means you have the mortgage for the full 30 years.
Discussion Instructions:
Discussion posts should be answered with Fundamental Financial merits along with your experiences and opinions.  Please share your experiences and opinions-we will all benefit if you do!  Thank you.   
The primary thread must have a minimum of 200 words. Your Secondary posts must have a minimum of 100 wor
Please put your name into the subject line. 
Provide References.

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