Owning a home is always expensive, no matter where someone lives. In fact, the average cost of a home is more than $150,000, and, in order to pay it off, homeowners will have to make costly monthly mortgage payments. Fortunately,...

As you might be aware, mortgage insurance is insurance used to compensate investors or lenders in the event of a default on mortgage loans. This insurance is usually used in lieu of a 20 percent standard down payment, since some...

Buying a home can be pricey enough without having to worry about the cost of mortgage insurance premiums. With the cost of a down payment, closing costs, and that monthly mortgage payment, buying a home can be incredibly taxing on...

A mortgage insurance premium can range from anywhere between 0.3 percent to 1.15 percent of the loan amount per year. Mortgage is required by lenders when the down payment you make on your new home is less than 20 percent...

A mortgage insurance deduction is something that you should consider carefully so that you can get the most competitive possible rate when you are paying taxes. Your mortgage insurance premium deductions will vary depending on how much you spend on...