Even once you’ve reached the 20% equity threshold, you may still be charged for PMI.

A good selling point this year and in the years that follow is that the cost of private mortgage insurance (PMI) is once again deductible on home buyer’s federal tax returns.For the first-time since ...

Homebuyers can avoid paying PMI if their down payment is large enough Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across ...

The time had finally arrived—my husband and I had saved enough for a home down payment and we were off to the bank to get approved for our first mortgage. Talking to the loan officer we discussed term ...

PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017 Roughly 525,000 first-time homebuyers were able to obtain ...

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 ...

While it may seem second-nature to realtors, lenders, and others in the industry, navigating the homebuying process can be overwhelming and confusing, particularly for first-time homebuyers. It can ...

Learn how the Mutual Mortgage Insurance Fund insures FHA-backed mortgages, protects lenders, and supports homeownership. Gain insights into premiums and risks.