When You Can Cancel Private Mortgage Insurance and How to Do It
PMI can help first-time buyers purchase a home even if they don't have a 20% down payment, but they have to know how to cancel it when it's time.
November 30, 2022 6 MIN
PMI can help first-time buyers purchase a home even if they don't have a 20% down payment, but they have to know how to cancel it when it's time.
Assumable mortgages are hard to find, but they can come with cheap rates.
Here are some ways to save money when financing a home purchase.
Allowing the VA loan fees to reset as scheduled will save veterans and active-duty military members about $200 million annually, the lenders’ group said.
Should you buy a house now, at whatever mortgage rate is available, and plan to refinance later?
Opting for an ARM instead of a fixed-rate mortgage can be a good strategy if a homebuyer doesn't plan to stay in the house for more than five to seven years.
From buying discount points to choosing an ARM, there are ways to beat high rates.
If you have $2,000 to spend on your mortgage payment each month, there are still options.
The average down payment for homebuyers in Oklahoma City is a fraction of the U.S. average of $62,611, a new report shows.
Having a good credit score gets you a better mortgage interest rate, lower fees and, if you have less than a 20% down payment, cheaper PMI.
Applying for a mortgage involves lots of moving pieces. Avoid making these mistakes.
Home shoppers are more concerned about flood risk, according to a Redfin report.
If you are buying a home, pay attention to pre-approvals and closing guarantees.
Alternative credit companies are promising scoreless Americans the chance to qualify for loans using accounts that typically don’t report to bureaus.
A homebuyer would need $48,435 of annual income to qualify for a mortgage on a $180,000 median-priced home in Detroit, making it the most affordable U.S. metro area.
Don't wait until you find your dream house to check your credit reports for errors.
Flood insurance is separate from your standard homeowner’s insurance, and if you are buying in a flood plain, most lenders
Shelling out more upfront means you'll get a lower rate and a smaller mortgage payment, but is it the right course for everyone?
