The time had finally arrived—my husband and I had saved enough for a home down payment and we were off to the bank to get approved for our first mortgage. Talking to the loan officer we discussed term ...

Your home is a major investment, and you can protect that investment with home insurance. But if you pass away and your beneficiaries can't pay your mortgage, your home could be sold or foreclosed on.

The conventional wisdom about private mortgage insurance has long been that borrowers should try to avoid it. PMI is a requirement for conventional mortgage borrowers who put down less than 20% on a ...

While it may seem second-nature to realtors, lenders, and others in the industry, navigating the homebuying process can be overwhelming and confusing, particularly for first-time homebuyers. It can ...

A homebuyer might pay private mortgage insurance depending on the size of their down payment. PMI differs from mortgage insurance a borrower would pay if they use an FHA loan. Buying or selling a home ...

PMI is a tool to help borrowers finance homes with less than 20% down. PMI is not permanent. It terminates automatically after a number of payments, or you can request earlier cancellation under ...

The home insurance marketplace has been facing a reckoning. The challenges that higher costs place on carriers, regulators, lenders and consumers has been well documented this year, and the ...

Arch Capital’s mortgage insurance business hit the $1 billion mark in underwriting income for a fourth consecutive year. The ...

If you need a mortgage for a home in a flood zone, your lender will likely require you to purchase flood insurance. Here’s why, how much coverage you’ll need, what it’ll cost and more. Typically, you ...

HICKORY, N.C. — The Carsons said they found a house in Hickory to buy “through the grace of God through a friend of ours.” They bought it a few years ago with the help of a Federal Housing ...