return2ozma@lemmy.worldcake to News@lemmy.world · 7 days agoAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comexternal-linkmessage-square100fedilinkarrow-up16arrow-down10cross-posted to: housing_bubble_2@lemmy.worldhousing_bubble_2@lemmy.world
arrow-up16arrow-down1external-linkAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comreturn2ozma@lemmy.worldcake to News@lemmy.world · 7 days agomessage-square100fedilinkcross-posted to: housing_bubble_2@lemmy.worldhousing_bubble_2@lemmy.world
minus-squareLizardking13@lemmy.worldlinkfedilinkarrow-up1·7 days 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.