If you’re unable to make a down payment of 20% or more on a conventional mortgage, there’s a good chance you’ll have to pay private mortgage insurance (PMI). PMI, which is arranged through a ...
Key Takeaways Renovating to boost your home’s value sounds like a smart way to drop PMI, but appraisals aren’t guaranteed to come in high enough.Most renovations add less to a home’s value than they ...
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