GMR 177: How Much Does Private Mortgage Insurance Cost?

Buying a home is something most families have a desire to do. And,
with the cost of housing continuing to rise, many people are
considering buying sooner rather than later. Buying without a
sizable down payment will require private mortgage insurance (PMI).
In this episode of Getting Money Right, we discuss what is PMI,
what it costs, and whether you should pay for it.