Escrow adjustments “An escrow account is essentially a built-in savings account managed by your mortgage servicer,” explained Debbie Calixto, an Indian Wells, California-based ...

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 ...

When determining your homebuying budget, be sure to factor in property taxes and home insurance costs. Taxes and insurance costs can increase over time, and cause your monthly payment to rise. Where ...

A homebuyer might pay private mortgage insurance depending on the size of their down payment. PMI differs from mortgage insurance a borrower would pay if they use an FHA loan. Buying or selling a home ...

There are a number of different factors to consider ...

Mortgage delinquencies are on the rise, especially among vulnerable first-time home buyers In the span of a year, Otto Catrina's property-insurance premiums went up from $7,000 to $12,000. The ...