Why Do I Need PMI to Refinance My Mortgage Loan?

Have you been turned down for refinancing because you lacked PMI coverage? Are you confused as to why this happened? If so, this article may shed some light on the subject. Here’s why some homeowners need PMI in order to refinance their mortgage loans.
I recently received the following email question from a reader: “I have [...]

Down Payment Assistance for Home Buyers

Summary: Where can first-time home buyers find down payment assistance in the current economy. In this article, we will talk about the different programs and options that are available in 2009.
So, you’ve decided to enter the housing market and buy your first home. You’re excited about finding a place of your own, so you start [...]