mortgage insurance

Which is More Conservative, Putting Down 10% or 20%?

It Depends Who You Ask — & How You Define “Conservative” If you asked a home seller, their agent, or the Buyer’s lender, the answer you’d get would be an unequivocal “20%.” Not only does such a Buyer have more “skin in the game” (which the lender likes), they have more equity to withstand a...
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Foreclosures Work Their Way Up the Housing Food Chain

Upper Bracket No Longer Immune The rich are different than you and me.  –F. Scott Fitzgerald When it comes to escaping the scourge of foreclosure, the rich have three singular advantages — and one distinct disadvantage — relative to mere financial mortals. First, the advantages: One.  Bigger financial cushion.  More affluent home buyers frequently put down...
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