Private mortgage insurance (PMI) is typically required by mortgage lenders when borrowers contribute less than 20% of the home’s value as a down payment. This insurance protects the lender, not the homebuyer. If the loan borrower defaults on the mor
Jun 12, 2019 | Conventional Loans
"Let the Good Times Roll" - Good Times Roll by The Cars For the sixth consecutive week, home loan rates declined, once again fueled by the ongoing trade tensions between the US and China. However, the decline in rates was halted on the no
Jun 11, 2019 | Mortgage News
Getting children involved in home projects can be a fun way to share time with your kids and still get the chores done. But how do you combine the two without pulling out your hair keeping kids from getting hurt or just making a mess? These home projects
Jun 08, 2019 | Homeowner Tips Lifestyle
In order to buy a house, most Americans, including Utahns, take on a mortgage loan. While debt is usually to be avoided if possible, when it comes to a mortgage there may actually be some financial benefits for borrowers. Liquidity If you du
Jun 05, 2019 | Credit Mortgage Basics
Long-term mortgage rates dipped in the latest week, according to Freddie Mac, marking four consecutive weeks of declines. The average rate on a 30-year fixed-rate mortgage (FRM) slipped to 4.06% with an average 0.5 point for the week ended May 23, do
May 30, 2019 | Mortgage News
Medical professionals often earn salaries far above the average American salary, and yet most come out of school with hefty student loans to repay. Such high debt loads would normally disqualify them from obtaining mortgage loans for several years. Thanks
May 29, 2019 | Purchasing a Home
