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…

Homeowner's Insurance

3 Questions to Know If You’re Ready to Buy a House in 2017

May 06, 2017.

Here are three questions to ask yourself if you’re wondering whether 2017 is the year you’re ready to make such a commitment.