Mortgage options that require no downpayments include VA and USDA loans while low downpayment programs include FHA loans.

All home buyers who use an FHA loan will need to pay mortgage insurance premiums, otherwise known as MIPs. These premiums insure lenders and guarantee they will be paid even if a borrower defaults ...

The FHA permits borrowers to finance such large portions of their home purchases because these loans require borrowers to pay mortgage insurance for certain lengths of time, which vary based on ...

FHA loans are subject to FHA mortgage insurance premiums (MIPs) paid for by the borrower, which we will cover more later. Look for lenders that offer the best combination of low interest rates and ...

A mortgage insurance premium is a type of private mortgage insurance (PMI) specific to FHA mortgages and is required for every borrower. Conventional loans, which are not backed by the government ...

Benefits of a VA loan. Here are the major advantages of a VA loan. No down payment required. While many conventional ...

Mortgage refinance rates remained unchanged at 6.72% today, according to the Mortgage Research Center. Rates averaged 5.64% ...

If you qualify for a no-down-payment mortgage, you could get a loan for the full purchase price of a home. Here’s what you need to know.

Since the 1930s, the FHA has insured more than 50 million mortgages. It doesn’t provide loans itself — that’s done by certain approved lenders. But providing mortgage insurance expands ...

These are today's mortgage and refinance rates. Cooler CPI data didn't have much of an impact on mortgage rates this week.

FHA loans don't come with private mortgage insurance, but borrowers do have to mortgage insurance premiums (MIP), which are slightly different: You'll pay 1.75% of the loan balance up front and ...