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16 July 2018
PMI (private mortgage insurance) is an annoying expense but you can ask to cancel it once you reach 80 percent loan to value on your mortgage.But is doing so worth the bother, rather than waiting for it to be canceled automatically?.
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6 February 2017
What impact will President Trump's cancelling a rollback in FHA insurance premiums have on homebuyers?.
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3 January 2017
The New Year is a good time to take a look at your mortgage and consider moves like refinancing or removing PMI that could free up cash or provide other financial benefits.
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14 March 2016
Mortgage life insurance will pay off your home loan in the event something should happen to you.But is it a good investment?.
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29 January 2016
If you get any type of FHA loan, you'll need to pay for FHA mortgage insurance.But how much will it cost for different types of loans?.
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15 January 2016
There's a lot to like about FHA mortgages, but they aren't the perfect choice for everyone.Here's a rundown of the major advantages and disadvantages to help you decide if they're the right choice for you.
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8 September 2015
Taking out two mortgages on the same house simultaneously may sound like a bad idea at first glance, but "piggyback loans" are a common way to make a smaller down payment or avoid paying mortgage insurance.
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5 September 2015
Bad credit can do more than just make it harder to get a mortgage loan.Take a look at this article expanding on how bad credit can affect your mortgage.
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1 August 2015
If you're a first-time homebuyer, you're probably going to run into something called mortgage insurance, often referred to as PMI.Read more about PMI.
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29 May 2015
For many potential homebuyers, the cost of mortgage insurance can be a big turn-off.
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23 March 2015
In January when President Obama announced[https://www.whitehouse.gov/the-press-office/2015/01/07/fact-sheet-making-homeownership-more-accessible-and-sustainable] a reduction in Federal Housing Administration mortgage insurance premiums that would save new borrowers an average of $900 annually, an FHA[[sitetree_link,id=191]] mortgage once again looked like a great deal.
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27 February 2015
One of the most confusing things about VA loans[[sitetree_link,id=190]] is what is known as the entitlement.While the concept itself is fairly straightforward, the way it's set up is almost guaranteed to make your head spin.
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6 February 2015
Early 2015 is presenting a great opportunity for homeowners wishing to refinance their FHA mortgage, owing to a combination of low mortgage rates and a sharp reduction in the annual mortgage insurance premium.
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15 December 2014
Coming up with a 20 percent down payment on a home can be difficult, especially for first-time homebuyers who don't have the equity that existing homeowners may have when selling one home so they can buy a bigger one.
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22 July 2014
Think you need a large down payment to buy a home? Guess again.According to Freddie Mac, four out of 10 current homebuyers are making down payments of less than 10 percent.
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15 May 2014
Steps to ease access to mortgage credit, including cutting the cost of FHA loans, were announced Tuesday by the two federal agencies that oversee the vast majority of U.S.residential mortgages.
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15 April 2014
Today is Tax Day, which makes it an appropriate time to talk about tax matters.We already covered homeowner tax deductions last month[[sitetree_link,id=1106]], so here's a roundup of some persistent myths about taxes and home ownership.
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14 April 2014
The head of the FHA is defending the agency against claims its mortgage premiums are too steep for the borrowers it's meant to serve, saying the fees are priced appropriately - but just barely.
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27 July 2013
With their low down payment requirements, FHA mortgages have become extremely popular in recent years.But in the current housing market, there are some good reasons you may wish to avoid them if you can qualify for another type of loan.
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30 May 2013
FHA loan products have become increasingly popular in recent years, both for home purchases and for refinancing an existing mortgage.
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