Weekly Mortgage News Roundup for Jan. 15, 2021

Maurie Backman, The Motley Fool
·2-min read
Weekly Mortgage News Roundup for Jan. 15, 2021

Mortgage rates have climbed a little in early 2021 but are still very competitive. A piggyback mortgage is actually a second loan you can take out to avoid private mortgage insurance, a costly premium you'll pay on top of your regular monthly payments if you fail to put down 20% of your home's purchase price at closing. Today's housing market is not an easy one to navigate.