The recent disastrous wildfires in Southern California are an extreme example of the challenges homeowners face after their ...

If you put down less than 20% of a home's purchase price, though, expect to pay for private mortgage insurance (PMI). PMI is an added expense that can increase the cost of your monthly mortgage ...

"Homeowners are still obligated to pay their mortgage unless they receive specific relief from their lender. Mortgage ...

land and investment properties and issues both auto and homeowners insurance. The most common type of home loan, a conventional mortgage is offered by a private lender, such as a bank or credit union.

But these low down payments come with a cost: Mortgage insurance. Mortgage insurance is designed to protect the lender if you fail to make payments — and it adds costs to your monthly payment ...

Principal and interest were clear, plus taxes and home insurance, but we were caught off guard by mortgage insurance. This was the first time either of us had ever heard of insurance for a mortgage.

said Wayne Pathman, a Miami-based land use attorney who has spent ... handled a looming increase in his insurance premiums. He paid off the mortgage on the building and decided to forego the ...

If you got your FHA loan after the year 2000, you may be able to cancel your FHA mortgage insurance. If you got your loan before 2000, you’ll continue to pay the premiums in most cases.