America’s housing crisis continues to worsen | CNN Business
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In America, home prices are at record highs while hundreds of thousands are homeless.
  • partial_accumen@lemmy.world
    8·
    1 年前

    But on the other hand, all of that stuff could be insured against.

    Thats exactly what PMI (Private mortgage insurance) covers. However if the insurance company doesn’t think you’re a good risk, then you might not be able to get that either. I have never looked at what criteria they use to grant or deny PMI. I’ve also never known anyone personally denied PMI.