Back in October, we wrote two blog articles about mortgage terms that you should get to know if you’re in the market for a house. Check them out here and here. In one of those posts, we touched on private mortgage insurance, or PMI, but thought it merited a deeper dive. So here it goes:
The old rule of thumb was that borrowers had to come up with a 20% down payment to buy a house.
from Movement Mortgage Blog https://ift.tt/2JOLTi0
via Naza Finance Blog
No comments:
Post a Comment