What are they? They are the insurance associated with mortgage loans, which lenders contract collectively, on behalf of their clients, to protect their guarantees (fire, earthquake, tidal wave, natural hazards, etc.) or the source of payment of the
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If you look at your monthly mortgage statement and see a line for "PMI," you're paying for private mortgage insurance. It will probably cost you between $50 and $200 per month, depending on your loan balance and your PMI rate. But why do you pay i
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