Insurance linked to mortgages, how do they work?
The risks associated with a mortgage are unlikely, but if they do occur, they are truly damaging. There is mortgage life insurance to cushion this blow, which comes into play when the insured’s life is cut short by death, illness, disability, unemployment, or other...
6 reasons to avoid private mortgage insurance
Before buying a house, you should save a lot of money for a 20% prepayment. If you can’t, it’s a safe bet that your lender will force you to take out private mortgage insurance (PMI) before you sign up for the loan if you’re taking out a standard mortgage....