CAR Market Matters

Talking Points … Most lenders require borrowers to pay private mortgage insurance (PMI) on mortgages in which borrowers make a down payment of less than 20 percent.  PMI is designed to protect the lender in case the borrower defaults. Once a borrower has made enough...

CAR Market Matters

Talking Points Many home buyers think that real estate auctions are the best way to get a good deal on a home.  While there are certainly deals to be had, auctions also can be dangerous for buyers. Buyers planning to attend an auction are advised to do their homework...