Question: Question 6 (1 point) Listen Albert and Sonia are purchasing a new home valued at $500,000 and they have saved a down payment of

Question 6 (1 point) Listen Albert and Sonia are purchasing a new home valued at $500,000 and they have saved a down payment of $54,458 plus the closing costs. They will need a high ratio mortgage and will require mortgage insurance. Using the rates listed below, what is the mortgage insurance premium? Round your answer to two decimal places. Do not include any signs or symbols (e.g., $, %) Premium LTVR Rate 80.00 to 2.4% 84.99% 85.00 to 2.8% 89.99% 90.00 to 3.1% 94.99% Your Answer:

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