### 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..[1](#1639c_1_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..[1](#1639c_1_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) 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**

