smol late capitalism vent: mortgages 

Mortgage insurance is an extra monthly fee you have to pay if you can't put at least 20% down on the purchase of a house.

A cheap house in the outskirts of a trans friendly metropolitan area will run you at least $500k (20% = $100k).

So if you manage to scrape together just enough to buy a "cheap" house in a place that won't kill you for existing, you will be forced to pay an extra $400 a month just because you're not rich.

(destroy capitalism)

smol late capitalism vent: mortgages 

@mawr This is one of the biggest insults. "We're going to make you pay extra for the privilege of not having to pay so much up front." About the only reason I was happy for our home valuation to go up was that it made refinancing away the MPI reasonable.

Smash capitalism.

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