Today, the mortgage interest rate on a 30-year fixed mortgage is 6.15%, according to the Mortgage Research Center, while the ...

Learn how the Mutual Mortgage Insurance Fund insures FHA-backed mortgages, protects lenders, and supports homeownership. Gain ...

Even once you’ve reached the 20% equity threshold, you may still be charged for PMI.

Escrow adjustments “An escrow account is essentially a built-in savings account managed by your mortgage servicer,” explained Debbie Calixto, an Indian Wells, California-based ...

PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017 Roughly 525,000 first-time homebuyers were able to obtain ...

While dropping private mortgage insurance can save you money, there's no guarantee that renovations will increase your home ...

Use Money’s free mortgage calculator to get an estimated monthly mortgage payment, based on your loan details.

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 ...

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One of the main advantages of a 30-year mortgage is that the monthly payments are generally lower than other mortgage options. For example, with a $300,000 principal loan balance and 6.15% interest ...