Real Estate News

Real Estate News

The Mortgage Professor: Down payment insurance: Does it make sense?

Investment in a home is often the largest investment a consumer will ever make, so any measures to reduce the risk deserve careful attention. The big risk is that a major house price decline will wipe out the owners' equity, leaving them owing more than their house is worth. That happened to many just a few years ago, and millions of homeowners are still under water.

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