President of the U.S. Mortgage Insurers writes about the misconception among many would-be homeowners that they won’t qualify for a mortgage without a 20%...
In addition to helping first-time buyers become homeowners, private mortgage insurance, or PMI, can be a vital resource for helping underserved communities affordably and sustainably access the mortgage market, writes Seth Appleton.that many first-time buyers feel they have been priced out due to low inventory and inflation, even in an area that is a national leader in housing starts.
Rising rents in Dallas — and across Texas — have increased the burden on low- to moderate-income and minority families waiting to enter homeownership. However, new 2022provides good news and hope for first-time homebuyers in Dallas: low down payment mortgages backed by private mortgage insurance are thriving in the state. Texas leads the nation for the highest number of homebuyers who purchased a home with a low down payment-insured mortgage.
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