Private mortgage insurance (PMI) is a type of mortgage insurance for conventional loans that protects the lender in case you default on your mortgage. Home buyers who make a down payment of less ...

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 ...

According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is ...

Rates for home loans fell for the fourth straight week, even as the specter of higher borrowing costs looms ahead.

Mortgage insurance is a type of insurance policy that protects the insurance lender in case the borrower defaults on payment, ...

As federal agencies look for ways to improve housing affordability, the MBA is calling for a reduction in mortgage insurance ...

A reverse mortgage is a loan, and an annuity is insurance Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing ...

A $5,000 monthly mortgage payment is very realistic for homeowners in high-cost states like California, Massachusetts, and New Jersey. See the level of income needed to afford it.

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective ...

Why Mortgage Rates Can Vary by State Just like you'll pay different rates for car insurance depending on what state you're in, mortgages can also cost more or less depending on what state you're ...

avoid paying mortgage insurance premiums, or borrow from the equity you’ve built in your house. Here’s when you might want to consider a refinance — and how to make it happen. First things ...