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Private mortgage insurance (PMI): What it is and how it works
Bankrate via Yahoo Finance· 2 months agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
How to get rid of PMI and lower your mortgage payments
Yahoo Personal Finance· 2 months agoPMI goes away automatically once you have 22% equity in your home or you’re halfway through your...
When Is PMI Tax Deductible?
SmartAsset via Yahoo Finance· 5 months agoMortgage lenders generally require private mortgage insurance (PMI) when borrowers cannot put down at least 20% on a home loan. PMI premiums can add...
Mortgage protection insurance: When you might need it
Bankrate via AOL· 4 months agoKey takeaways Not to be confused with private mortgage insurance (PMI), mortgage protection...
Chose Your Down Payment Wisely: It Could Affect The Rest of Your Life
SmartAsset via Yahoo Finance· 10 months agoWhen interest rates were low and stocks were on a tear, the demand for American homes pushed prices...
How to calculate your home equity — and how much of it you can tap
Bankrate via AOL· 3 months agoHome equity can be a valuable resource for homeowners. You can use your equity to renovate some...
What is a down payment?
Bankrate via Yahoo Finance· 9 months agoPortions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our...
Why Putting 20% Down on a Mortgage May Be a Mistake
SmartAsset via Yahoo Finance· 2 years agoWhen you put 20% down on the purchase of a home, you don't have to borrow as much money as someone whose down payment is only 5% or 10%. And as a result,...
What does PITI mean, and how does it affect your mortgage?
Yahoo Personal Finance· 2 months agoPITI is an acronym for the four factors that make up your monthly mortgage payment: principal,...
How to remove mortgage insurance on an FHA loan
Bankrate via AOL· 4 months agoKey takeaways The ability to remove FHA mortgage insurance depends on your loan origination date and size of your down payment. If you got your FHA loan...