If you are a buyer putting less than 20% down, most lenders require you to purchase mortgage insurance. This used to be less desireable than taking out a second loan to get to the 20% because the insurance premium wasn’t deductible while the interest on the second loan was. Now that the insurance is deductible for […]
Posted on October 17th, 2007 by Brent DeRobertis
Filed under: Trends | No Comments »