Interest rate is the number that is multiplied by the loan balance to get the interest payment due the lender. The rate quoted on a mortgage is an annual rate, but it is applied monthly. Points are upfront charges expressed as a percent of the loan amount. Points are related to the interest rate. The 2 points would be available to defray the borrower's settlement costs.
Origination fees are points in disguise.
Some lenders charge origination fees because reporting services and newspapers show rates and points but not origination fees. To the borrower, points and origination fees are the same. Junk fees are expressed in dollars rather than as a percent of the loan. On my web site I have a long list of items that some lenders may charge for, but for the borrower shopping the market, only the total matters. ARM shoppers who confidently expect to be out of the house before the end of the initial rate period need concern themselves only with the initial rate.