Archive For The “Finances” Category

Home Matters: Private Mortgage Insurance

By | December 20, 2013

Purchasing a home is a dream for most. For those who cannot afford the 20 percent down payment, private mortgage insurance (PMI) can make that dream a reality. Here’s how:   What is PMI? If you default on your mortgage, PMI protects your financial institution from losing money. In general, PMI is not required when […]

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