Not ready to buy a house now? Put yourself in the best position to buy later.

 

By Liz Keuler, Editor – Readynest by MGIC

Is the current housing market just a little too hot for you to jump in right now? There are still steps you can take to get yourself mortgage-ready and be prepared to buy a house when the time is right. keep reading

Is Mortgage Insurance Really Worth It?

If you’re considering a low down payment mortgage—less than 20%–you may have heard you’ll need to pay mortgage insurance (also known as MI, private mortgage insurance or PMI, and mortgage insurance premium or MIP) in addition to your monthly mortgage payment. While it adds another monthly payment to your mortgage, it may also help you get in a home sooner. Let’s look at your options and some hidden benefits of MI. keep reading