How mortgage insurance restrictions affect the mortgage market 2 Articles

by Reynold Conger

PMI is an unnecessary burden on many homeowners. PMI is the insurance homeowners are required to take out if they borrow more than 80% of the value of their home. If you make a down payment of less than 20%, your lende...read more

by Irene Lynn

California, Florida, Arizona, Michigan, Ohio and Nevada are on a black-balled list with some mortgage insurers where you cannot get an investment or vacation loan. A mortgage insurer insures mortgages for protection agains...read more