Mortgage insurance allows homebuyers to purchase homes with down payments of less than 20%. This credit enhancement tool involves paying an additional charge with your mortgage to protect the lender ...

Learn the differences between homeowners and mortgage insurance. Find out how each one protects your investment or lender and what they mean for your mortgage.

When purchasing a home with a conventional loan, you might be required to pay for private mortgage insurance (PMI). This is generally the case if your down payment doesn’t meet a certain threshold of ...

In a perfect world, all homebuyers would have the cash to pay at least 20% down on their home purchases. In the real world, it can be tough to scrape together a fraction of that amount. Mortgage ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

With mortgage interest rates hovering in the low 6% and home prices keeping around $415,000, many homebuyers are eager to find ways to afford property and keep monthly payments low. While there are a ...

Mortgage insurance premiums (MIPs) are a type of insurance paid to the Federal Housing Administration (FHA) for certain mortgage loans. If you can buy a home with a Federal Housing Administration (FHA ...