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Retire with Your Mortgage or Refinance?

If you are age 55 or older and plan to retire in a decade or so, you need to evaluate your retirement funds and your desire to pay off your mortgage before signing that refinance application.

FHA Lowering Premiums Puts Pressure on Private Mortgage Insurers

Private mortgage insurers in the United States may have to cut premiums to better compete with the Federal Housing Administration, which plans to reduce premiums in the government’s latest attempt to encourage first-time homebuyers. Companies such as MGIC Investment Corp. … The article FHA Lowering Premiums Puts Pressure on Private Mortgage Insurers appeared first on Insurance Journal .