Tag: Personal Finance

Rents Skyrocket at Highest Rate in almost a Decade

Rents are still going higher. The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8{12ca24a05342dbb53daaf6ac9e83dcd1d4a135542302ef678e31135aa120b5f7} higher than a year ago for the second straight month…

Do You Need Mortgage Insurance Even if It’s Not Required by Your Lender? Let’s Take a Look

Do You Need Mortgage Insurance Even if It’s Not Required by Your Lender? Let’s Take a Look 

Finding a proper mortgage loan and understanding the processing procedures behind the loan is the basis of good research. The down payment on a mortgage loan is typically significant when dealing with mortgage insurance.

Most loan applications with less than 20{12ca24a05342dbb53daaf6ac9e83dcd1d4a135542302ef678e31135aa120b5f7} down payment are required to include mortgage insurance with the loan. However, mortgage insurance may still be required even if it’s not typically required by your lender.