Mortgage lenders require flood insurance on homes in certain FEMA-designated flood zones. Typically, the coverage requirement is either the full replacement cost of the home, the maximum amount ...

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 ...

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

The conventional wisdom about private mortgage insurance has long been that borrowers should try to avoid it. PMI is a requirement for conventional mortgage borrowers who put down less than 20% on a ...

Americans worried that the U.S. government shutdown could derail their plans to take out a mortgage or refinance their home loan can breathe easy — mostly. Housing experts says lenders will continue ...

While it may seem second-nature to realtors, lenders, and others in the industry, navigating the homebuying process can be overwhelming and confusing, particularly for first-time homebuyers. It can ...

With natural disasters and homeowners insurance costs making headlines, many homeowners may find themselves dwelling on "what-ifs." In at least one area, turning that anxiety into action could help ...

Your home equity is the market value of your home minus any outstanding debt on your property — including primary mortgages ...

Heavy snow and frigid temperatures can leave homeowners with burst pipes and other damage. Here's what to do to minimize the ...