Even once you’ve reached the 20% equity threshold, you may still be charged for PMI.

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 ...

Federal Housing Administration (FHA) loans are aimed at lower-income borrowers and are backed by the federal government. (iStock) The annual mortgage insurance premium (MIP) for FHA loans will ...

The move could save FHA borrowers about $181 on monthly payments, says BAC Co-founder and Chief Advocacy Officer Brendan McKay Introduced Sept. 19, 2025, by Reps. Gregory Meeks (D-N.Y.) and Pete ...

If you’re thinking about buying a home, an FHA loan might be worth considering. FHA loans exist to help people — especially first-time homebuyers or those with past credit issues — get into ...

The time had finally arrived—my husband and I had saved enough for a home down payment and we were off to the bank to get approved for our first mortgage. Talking to the loan officer we discussed term ...

Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...