Refinancing your home loan in 2025 could help you get a lower interest rate, reduce your monthly payments, or access your home’s equity. But many homeowners wonder: “Will I need to pay mortgage insurance again when I refinance?” The short answer: It depends. In this article, we’ll explore whether mortgage insurance is required when refinancing, … Read more
When you buy a home in 2025, you’re likely to encounter two types of insurance — mortgage insurance and homeowners insurance. Though they both involve protecting your property investment, they are very different in purpose, cost, and who they protect. If you’re confused between the two, you’re not alone. Many first-time homebuyers think they’re the … Read more
Mortgage insurance can make it easier to buy a home with a small down payment — but once you’re a homeowner, it becomes an extra monthly cost you’ll probably want to get rid of. The good news? You don’t have to keep paying mortgage insurance forever. In this guide, we’ll show you how to remove … Read more
If you’re buying a home in 2025 and can’t afford a 20% down payment, you’re likely to face mortgage insurance. But which kind do you need — PMI (Private Mortgage Insurance) or FHA Mortgage Insurance? Both serve the same basic purpose: to protect the lender if you stop paying your mortgage. But the details, costs, … Read more
Buying a home is one of the biggest financial commitments you’ll ever make. But if you’re like many buyers in 2025, you’re probably hearing the term “mortgage insurance” and wondering what it means — and whether you actually need it. This article breaks down what mortgage insurance is, why it’s required in many cases, how … Read more