Stock Market News2 months PMI vs MIP: Which is Right for Your Mortgage Benzinga
The post PMI vs MIP: Which is Right for Your Mortgage by Ethan Roberts appeared first on Benzinga. Visit Benzinga to get more great content like this.
The real estate industry has a trade-off between consumers and lenders. Consumers can get a mortgage with a small down payment, but lenders are then protected with buyer-paid mortgage insurance that repays the lender should the borrower default on the mortgage. One type of insurance is called Mortgage Insurance Premium (MIP) and the other is … Continued
The post PMI vs MIP: Which is Right for Your Mortgage by Ethan Roberts appeared first on Benzinga. Visit Benzinga to get more great content like this.
X