What’s the incentive now to save 20% for a down payment to avoid PMI, when you’re now going to be paying someone else’s PMI regardless?
Haven't you heard? Its racist to save money.
"Never Trust Government" -- Smart people. "The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me "You can be broke but you cant be poor." -- Ruthie-May Webster