PMI gains as fewer first-time homebuyers use FHA

Home/Loans, Mortgage Lenders/PMI gains as fewer first-time homebuyers use FHA
  • Advertiser Disclosure

    You’re our first priority.
    Every time.

    We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

    So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.

  • PMI gains as fewer first-time homebuyers use FHA
    PMI gains as fewer first-time homebuyers use FHA

    The share of first-time homebuyers using conventional mortgages that require private mortgage insurance, or PMI, to compensate for low down payments increased in Q2 while the use of FHA loans fell. “We’re continuing to watch the shift away from government loan programs,” said Tian Liu, Genworth’s chief economist.

    Go to Top