Finance

You’ve probably heard the term, LMI – lenders mortgage insurance. What is it? What’s behind it? Is it necessary? Is there a way not to have to pay it?  Andrew Mirams gives us the lowdown. Transcript: Kevin:  You’ve probably heard the term, LMI – lenders mortgage insurance. What...

Borrowers are constantly asking the questions about interest-only loans.  Maybe they should be splitting their loans up and paying principal and interest as well as interest only.   We focus on the good, the bad, and the ugly with interest-only borrowing as we talk to Andrew...