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Understanding PMI: A Practical Tool for First-Time Homebuyers

Understanding PMI: A Practical Tool for First-Time HomebuyersBy: Matthew Coates Published on: 04/08/2025

PMI often feels like an extra burden—but it’s actually a tool that helps first-time buyers access homeownership sooner. Here’s a clear, buyer-focused look at what PMI is, what it costs, and how to manage or eliminate it wisely.

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Understanding PMI: A Practical Tool for First-Time Homebuyers