When investors evaluate which bonds to buy, they often take a look at yield to maturity (YTM), the total rate of return a bond will earn over its life, assuming it has made all interest payments and repaid the principal. Calculating YTM can be complicated. Doing so takes into account a bondâs face value, current […]
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Mortgage Q&A: âWhat is lender-paid mortgage insurance?â Several years back, a rule went into effect that made mortgage insurance permanent on most FHA loans for the entire life of the loan. Ouch! Before this game-changer, FHA loans were the catâs meow because of the low mortgage rates offered, coupled with mortgage insurance premiums that were… Read More »What Is Lender-Paid Mortgage Insurance? First Of All, You Still Pay For It
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