Dossier
mortgage insurance
Coverage of mortgage insurance in the Nexus archive.
- How mom and dad are helping the DC area’s first-time buyers
First-time homebuyers in the D.C. region are increasingly relying on parental assistance for down payments and homebuying costs, with parents offering inheritance as gifts or charging rent to help children save. Real estate agent Eldad Moraru notes that 20% down payments can eliminate mortgage insurance, improving affordability, but cautions against pushing children into unaffordable homes.