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Mortgages
Explaining Mortgage Insurance
June 01, 2017. AAA Staff
Q. Can you explain mortgage insurance? A. Mortgage insurance, sometimes referred to as private mortgage insurance or PMI, protects lenders against borrowers who default on their loans. Any borrower who puts down less than 20 percent on a mortgage should expect to pay mortgage insurance, which is often paid on a monthly basis with other…
Read42 Home Improvement Projects
Learn fun DIY renovation projects and how to protect your biggest investment – your home – with this free guide from Your AAA.
Download Now!