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Bad News for Florida Mortgage Lenders: Ruling Prioritizes Retroactive Tax Liens | Daily Business Review

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What is the Purpose of PMI? – North Florida Mortgage private mortgage insurance (PMI) is a necessary add-on faced by some buyers required to carry the added protection in order to obtain financing. Well-qualified applicants with substantial down payments are typically exempt from the requirement, which ultimately protects lenders from default.FHA Interest Rate Forecast December 2014 Interest rates on. Most U.S. mortgage rates are based on Treasury yields. Last week, benchmark 10-year yields tumbled nearly 19 basis points, marking their steepest weekly decline since December.

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