Private mortgage insurance, or PMI, can help you buy a home faster with less than 20% down. PMI cost depends on your credit rating, loan type and down payment size. PMI can often be avoided when ...

This myth prevails across the majority of age groups and educational levels. Even 60% of homeowners think a 20% down payment ...

As federal agencies look for ways to improve housing affordability, the MBA is calling for a reduction in mortgage insurance ...

One particularly onerous expense is the lender-required mortgage insurance premium (MIP). If you have a home equity conversion mortgage (HECM)—which is backed by the federal government—then ...

Text Callout : Key Takeaways - How to Avoid PMI on a Mortgage With Less Than 20% Down Private mortgage insurance, or PMI, has long been considered an expensive but necessary evil for homebuyers ...