Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...
Mortgage insurance premiums (MIPs) are a type of insurance paid to the Federal Housing Administration (FHA) for certain mortgage loans. If you can buy a home with a Federal Housing Administration (FHA ...
Let’s start off the new year with a money saving tip, especially for low-down payment, first-time owners who bought a home more than two years ago. If you bought your home using conventional financing ...
If you’re unable to make a down payment of 20% or more on a conventional mortgage, there’s a good chance you’ll have to pay private mortgage insurance (PMI). PMI, which is arranged through a ...
The rate on a 30-year fixed refinance climbed to 6.42% today, according to the Mortgage Research Center. Rates averaged 5.43% ...
Your down payment and credit score may determine which loan is your most cost-effective option Written By Written by Contributor, Buy Side Amy Fontinelle is a contributor to Buy Side and an expert on ...