There are still many skeptics out there, but according to the Christian Science Monitor in their article, “Mortgage rates dip again. 15-year loan hits new low,” the economy is on its’ way back. We all know what type of trouble the housing market was and is still in, after the recession hit in 2008. Finally [...]
Archive for 'LTV'
Are you throwing away money? Typically, if you put less than 20 percent down at the time you bought your house, your lender required you to pay PMI, or Private Mortgage Insurance. Perhaps you’re paying $50, $100, $150 or more per month in addition to your mortgage. The expense may have been rolled into your [...]