Bill's Thoughts
Did you know that when you buy a home and put less than a twenty percent down payment the lender will require what is known as private mortgage insurance? Private mortgage insurance protects the lender in the event of default by the purchaser. Unfortunately, this is a useless expense for a buyer. Those who pay PMI will try to get rid of it as soon as they are able. In the article at Benzinga see all you need to know about private mortgage insurance.

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