On the recordDecember 5, 2023
If it wasn't for private mortgage insurance (PMI), I wouldn't be able to own my home now; I wouldn't have been able to buy it.
Source
congress.gov“If it wasn't for private mortgage insurance (PMI), I wouldn't be able to own my home now; I wouldn't have been able to buy it.”
Garbarino credits PMI for enabling his homeownership amidst rising prices.
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