### Question
What is the definition of average prime offer rate” means the average prime offer rate for a comparable transaction as of the date on which the interest rate for the transaction is set, as published by the Bureau..[2](#1639c_2_target)


#### (C) Points and fees


#### (i) In general


For purposes of subparagraph (A), the term “points and fees?


### Answer
The definition of **average prime offer rate” means the average prime offer rate for a comparable transaction as of the date on which the interest rate for the transaction is set, as published by the Bureau..[2](#1639c_2_target)


#### (C) Points and fees


#### (i) In general


For purposes of subparagraph (A), the term “points and fees** is as follows in *15 U.S.C. § 1639c*:

> points and fees as defined by section 1602(aa)(4) [1](#1639c_1_target) of this title (other than bona fide third party charges not retained by the mortgage originator, creditor, or an affiliate of the creditor or mortgage originator)

#### Citation:
  - *15 U.S.C. § 1639c*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE > Part B-Credit Transactions**

