When purchasing or refinancing a home, some home buyers may be required to purchase PMI (Private Mortgage Insurance.) PMI is an insurance policy that is usually paid by the home owner, and is meant to ...

PITTSBURG, PA, UNITED STATES, October 21, 2025 /EINPresswire.com/ -- Jason Ruedy Highlights Growing Demand for 90% Cash-Out Refinance with No PMI as Pittsburgh’s ...

Federal law requires a lender to cancel private mortgage insurance (PMI) on conventional loans when a mortgage term is at its halfway point, or when the mortgage balance drops to 78 percent of the ...

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 ...

Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. PMI must be terminated at a certain point in your loan term or ...

For potential savings, you should consider refinancing your home when interest rates fall significantly below your current mortgage rate. Do you want lower interest rates, a shorter loan term and more ...

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 ...