return2ozma@lemmy.world to News@lemmy.world · 8 months agoAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comexternal-linkmessage-square147fedilinkarrow-up1396arrow-down18
arrow-up1388arrow-down1external-linkAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comreturn2ozma@lemmy.world to News@lemmy.world · 8 months agomessage-square147fedilink
minus-squareLizardking13@lemmy.worldlinkfedilinkarrow-up12·8 months agoIt’s risk mitigation for the banks. You don’t have to put 20% down, but generally you’ll have to pay an additional insurance (PMI) if you don’t.
It’s risk mitigation for the banks. You don’t have to put 20% down, but generally you’ll have to pay an additional insurance (PMI) if you don’t.