A Helpful Savings Tip for Homeowners
Channel: Andy Sachs - Your Connecticut Realtor
Date: 07/04/2022

There has been an unintended but positive consequence of this real estate market for buyers over the past five years. Because of the huge increase in values, your private mortgage insurance, or PMI, may no longer be necessary. On a conventional loan, once you hit a 20% equity rate, the PMI should drop off. However, they’re not going to call you and let you know that it happened. To learn more, watch this short video.

Learn more: https://www.thearoundtownteam.com/blog/a-helpful-savings-tip-for-homeowners/

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