Personal finance: Mortgage insurance dump can pay off - 2004-03-12
Let's see, consume eight glasses of water a day, hold back on carbs, exercise What am I forgetting?
Oh, yeah - get rid of PMI. That resolution can pay off big time, starting right away. And it's easy.
PMI is not a form of bad cholesterol, it's a bad type of mortgage expense - private mortgage insurance.
If you made a down payment of less than 20 percent of your home's price when you got your mortgage, you're probably paying PMI.
Read the full story at Billings Gazette