return2ozma@lemmy.world to News@lemmy.world · 6 months agoAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comexternal-linkmessage-square187fedilinkarrow-up1432arrow-down18cross-posted to: usnews@lemy.lol
arrow-up1424arrow-down1external-linkAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comreturn2ozma@lemmy.world to News@lemmy.world · 6 months agomessage-square187fedilinkcross-posted to: usnews@lemy.lol
minus-squareLizardking13@lemmy.worldlinkfedilinkarrow-up14·6 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.