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Private mortgage insurance (PMI): What it is and how it works
Bankrate via AOL· 2 months agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via AOL· 5 months agoWe often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to...
Physician mortgage loans: A mortgage option for doctors
Bankrate via AOL· 2 months agoKey takeaways Physician mortgage loans are a type of financing designed to help medical...
The best home loan: how to shop for and compare mortgage offers
Bankrate via Yahoo Finance· 3 months agoKey takeaways By comparing offers from multiple lenders, you're more likely to find the best rate...
What is a loan-to-value ratio?
Bankrate via AOL· 2 months agoKey takeaways Your loan-to-value (LTV) ratio is the principal of your mortgage loan divided by the value of the property you're buying, usually expressed...
Mortgage points: What are they and how do they work?
Bankrate via Yahoo Finance· 9 months agoBuying a house is the most expensive purchase most of us will ever make, so naturally, anything that can reduce the cost of a mortgage is worth looking...
What is an interest-only mortgage and how does it work?
Bankrate via AOL· 3 months agoKey takeaways Interest-only mortgages let you pay just the accruing interest on your loan for an...
Pros and cons of a 15-year mortgage
Bankrate via AOL· 1 month agoKey takeaways Pros of a 15-year mortgage include paying less in interest over the life of the loan as a result of a lower rate and shorter term, and...
How to choose a mortgage lender: 6 tips
Bankrate via Yahoo Finance· 3 weeks agoKey takeaways Strengthening your credit score, setting your budget and understanding loan types and terms is key before you shop for a mortgage lender....
How to build equity in your home in 2024 (and why you should)
Bankrate via AOL· 1 month agoKey takeaways Building home equity can not only be a reliable way to create wealth but can also help...