🏡 Should you get a mortgage with PMI? #shorts

63.8K viewsPublished: December 19, 20230m 36sScore: 75
Regulations & Compliance
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Summary

This video discusses the pros and cons of obtaining a mortgage with Private Mortgage Insurance (PMI). While traditionally discouraged, the video suggests that in scenarios where saving for a 20% down payment is difficult or home prices are rapidly increasing, paying PMI can enable earlier home ownership and potential gains from appreciation.

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