PMI stands for private mortgage insurance. If you can't put down at least 20 percent when you're buying a home, your lender will make you buy it. "PMI exists to protect lenders—and only lenders—from missed mortgage payments," says John Walsh, the CEO of Total Mortgage, a Milford, Conn.-based mortgage lender that serves 41 states and the District of Columbia.
Early one October morning, Sheri E. Warsh, a mother of three from Highland Park, Ill., stepped out of the shower to a ringing phone.
The news that Amazon, in partnership with Wells Fargo, has begun offering private student loans is a provocative development for the captive American student loan market now roughly 42 million strong and $1.3 trillion in debt.
Most people don’t buy luggage on a whim—they buy it because they need it. Could be that their old suitcases don’t wheel as easily as they once did or that zippers are broken or the material on the suitcases is beginning to fray.
There remains a perception, among many owners of Apple devices and products, that they are immune from the malware, security flaws, and viruses that often hit the competition.
After schlepping to the supermarket and back, you might be tempted to unload your haul as quickly as possible so that you can kick back and relax—or at least move on to other household chores.
There are apparently some Verizon Wireless customers out there who still have unlimited data, despite the carrier’s attempts to get rid of them by doing away with phone subsidies when these customers sign new contracts and hiking their monthly plan charges by $20 apparently weren’t enough, and now the company has announced plans to get rid of the heaviest users, the ones who gobble 100 GB or more worth of date every month.
If you get a call or letter saying that your new car warranty is about to expire and it offers you an “extended warranty,” use caution. Car warranty scams, which attempt to trick consumers into buying vehicle service contracts, continue to plague consumers despite government efforts to crack down on the caper.
Free college is a hot topic in this year’s presidential election. But a number of states and cities aren’t waiting until November to find a way to make higher education more affordable.
With the British pound plummeting and the U.S. dollar soaring, you might well be thinking of jetting off to London for a quick holiday.
When you see an SPF number on a sunscreen bottle, you probably think you can trust it to protect your skin.
Like just about every other cost associated with higher education, the cost of college textbooks has been rising as well.
We kick off the 98th episode of "Talking Cars With Consumer Reports" by discussing two new luxury two-row SUVs: the Buick Envision and the Jaguar F-Pace.
You know as well as I do that back-to-school season is underway (and I don’t even have kids). Besides colored pencils and spiral notebooks, every family needs a good versatile printer these days, one that can handle tasks like scanning images for book reports, churning out pages of text for last-minute homework assignments, and—a millennial favorite—printing documents from a smartphone when someone else in your home is hogging the PC.
Some time around the end of March, the U.S. passed the 1 million mark for solar installations, according to the Solar Energy Industries Association. Even more impressive is the fact that 90 percent of these systems came online in the last 10 years.
A soothing massage might feel relaxing, but could it have real health benefits, too? Documented in early Egyptian tomb paintings and Chinese writings from as far back as 2700 B.C., massage involves a range of techniques for rubbing the body to relieve muscle tension and pain.
Of all our favorite foods, fruits and vegetables are the most likely to end up in the garbage. Consumers throw out more than half of the produce they buy.
Dana Gunders, author of the book “Waste Free Kitchen Handbook” and “Wasted,” a 2012 report from the Natural Resources Defense Council that sparked attention to the crisis in America’s kitchens, has some suggestions.
The cooks and food scientists at America’s Test Kitchen sometimes test a recipe as many as 70 times, and they don’t like to see all of those leftovers thrown out, says Julia Collin Davison, the executive editor of the book division and co-host of the ATK shows on PBS.
Food freshness claims from refrigerator manufacturers are on the rise. We’ve encountered built-in air purifiers said to eliminate airborne bacteria, and we’ve seen small pouches that sit inside crisper drawers, supposedly absorbing the ethylene gas that causes some produce to ripen.