return2ozma@lemmy.world to News@lemmy.world · 5 months agoAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comexternal-linkmessage-square187fedilinkarrow-up1433arrow-down19cross-posted to: housing_bubble_2@lemmy.worldusnews@lemy.lolhousing_bubble_2@lemmy.world
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 · 5 months agomessage-square187fedilinkcross-posted to: housing_bubble_2@lemmy.worldusnews@lemy.lolhousing_bubble_2@lemmy.world
minus-squareLizardking13@lemmy.worldlinkfedilinkarrow-up14·5 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.