What is PMI? Private Mortgage Insurance (PMI) is a type of insurance that conventional mortgage lenders require from borrowers who make a down payment of less than 20% on their home. This insurance protects the lender in case the borrower defaults on the loan. PMI is typically added to your monthly mortgage payment and can range from 0.58% to 1.86% of the original loan amount annually. For instance, using NerdWallet’s PMI calculator, if you have a $400,000 mortgage with 10% down you could be paying around $4... read more

The holiday season is the best time to sell your home as 23% more homes sell during November and December than after the new year. and we are here to tell you that selling a home during the holidays doesn’t have to get in the way of the festivities. In fact, when sellers, REALTORS, and stagers work together, it is amazing what can happen. Top home staging tips for any season This blog post was originally featured on utopiahomestaging.comUtopia Home Staging is a Coldwell Banker Premier Service Provider. V... read more