Even once you’ve reached the 20% equity threshold, you may still be charged for PMI.

A homebuyer might pay private mortgage insurance depending on the size of their down payment. PMI differs from mortgage insurance a borrower would pay if they use an FHA loan. Buying or selling a home ...

The conventional wisdom about private mortgage insurance has long been that borrowers should try to avoid it. PMI is a requirement for conventional mortgage borrowers who put down less than 20% on a ...

While it may seem second-nature to realtors, lenders, and others in the industry, navigating the homebuying process can be overwhelming and confusing, particularly for first-time homebuyers. It can ...

Let’s start off the new year with a money saving tip, especially for low-down payment, first-time owners who bought a home more than two years ago. If you bought your home using conventional financing ...

Learn how the Mutual Mortgage Insurance Fund insures FHA-backed mortgages, protects lenders, and supports homeownership. Gain ...

A mortgage insurance premium deduction in Maine would come after the reintroduction of a similar federal policy, which took ...

HICKORY, N.C. — The Carsons said they found a house in Hickory to buy “through the grace of God through a friend of ours.” They bought it a few years ago with the help of a Federal Housing ...

The following information was released by the office of New York Rep. Gregory Meeks: Today, U.S. Reps. Gregory W. Meeks (D-NY-05), aSenior Member of the Financial Services CommitteeintroducedThe ...