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Private Mortgage Insurance
What is Private Mortgage InsurancePrivate mortgage insurance (PMI) is a policy that protects lenders who make loans to individuals who want to buy or refinance a home, but are unable to come up with the required 20% down payment.Private Mortgage Insurance Facts:PMI plays a valuable role in expanding home ownership.With PMI, families can purchase homes with as little as 3-to-5 percent down payment on a home.Nearly 1 million people a year buy or refinance a home wi... : Private Mortgage InsuranceConforming & Non-Conforming Mortgages
A conforming mortgage refers to a mortgage that is drawn up within the guidelines specified by the lending institutions referred to as Fannie Mae and Freddie Mac. The most common reason for a mortgage to be referred to as non-conforming is because the total amount of the mortgage exceeds the lending limits or total loan amount allowed. This type of non-conforming loan i... : Conforming & Non-Conforming MortgagesEasy Medical Insurance Quotes
Save time and money finding low cost insurance at the comfort of your home. Easy medical insurance quotes can be obtained online without living your home and without the hassle of talking to the pushy insurance brokers. Online resources is so vast that this is the best place where you can do a research and shop on various health insurance companies without being pressured. You can get easy medical in... : Easy Medical Insurance Quotes30-Year Mortgage Rates at 7 Month High
WASHINGTON (Reuters) - U.S. interest rates on 30- and 15-year mortgages rose to their highest levels since last August, according to a report issued on Thursday by mortgage finance company Freddie Mac. U.S. 30-year mortgage rates rose to an average of 5.85 percent in the week ended March 10 from 5.79 percent in the previous week. It was the highest level for 30-year mortgage rates since a matching 5.85 percent in the week ended Aug. 12, 2004. Fifteen-year mortg... : 30-Year Mortgage Rates at 7 Month HighMortgage Applications Unchanged Last Week
NEW YORK (Reuters) - Applications for U.S. home mortgages were unchanged for the week ended Dec. 17 from the prior week as an increase in refinancing offset a decrease in purchases, an industry trade group said. The Mortgage Bankers Association said its seasonally adjusted index of mortgage activity was flat at 689.3 in the week ended Dec. 17, following a 1.0 percent drop the previous we... : Mortgage Applications Unchanged Last WeekFor more information about mortgage insurance: aviation insurance news and links
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