Mortgage Insurance to Protect your Family

Thinking of buying a home?  The current market presents some unique opportunities for first time home buyers and other buys perhaps looking to move up to a larger home. The government is most likely going to extend the$8K tax credit that was due to expire at the end of this month.   If you have been [...]

You Dont Need (PMI) Private Mortgage Insurance Forever

For people struggling in to amass enough money for a 20 percent down payment that is normally required for a conventional mortgage, the availability of PMI or private mortgage insurance has become a great option for first time buyers.  Private mortgage insurance makes it possible for people who cannot afford to buy a home to [...]

How is Private Mortgage Insurance Affected by Housing Market?

Private Mortgage Insurance is normally forced on home buyer when they are putting a down payment of less than 20%.  With the financial melt down beginning with the housing crisis banks are looking for more security when giving out mortgages to there customers.  It is pretty ridiculous when you think about it.  These same banks [...]