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 ...
Discover how credit life insurance pays off debts upon a borrower's death, why it's beneficial, and who should consider it. Understand its pros, cons, and alternatives.
Delinquencies continue to trend low; FHA remains the weak spot, but is improving. Property insurance is now nearly 10% of mortgage-related costs, though there are sharp regional differences. Mortgage ...
Home insurance is an ongoing cost tied to homeownership. Most Americans can't avoid it — mortgage lenders require coverage before closing a loan — and this type of coverage is typically imperative ...
A new bill introduced in the U.S. House of Representatives proposes to relieve Federal Housing Administration (FHA) borrowers of mortgage insurance premiums (MIPs) once they reach a certain level of ...
Federal Reserve Chairman Jerome Powell warned that it may become impossible to get a mortgage in some high-risk areas in 10-15 years. Is he right? Michel Martin asks University of Pennsylvania real ...
A bevy of lawmakers, including the powerful vice chair of the U.S. House of Representatives' tax law writing committee, has introduced legislation seeking to restore the tax deduction for private ...