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Rates for mortgage insurance premiums (MIP) on FHA loans just dropped to near-low levels.
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How to Get a Loan Without Private Mortgage Insurance (PMI). For many individuals and families who are looking at purchasing a home, or any other real estate, private mortgage insurance (PMI) can be a major cost factor.
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Some homeowners can deduct private mortgage insurance, or PMI, payments as an itemized interest expense for the 2016 tax year. The tax break hasn’t been renewed by Congress.
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