Pay mortgage on time, stay eligible for insurance break - 2005-03-07
Making your mortgage payment late is never a smart move. But if you're hoping to get out of paying private mortgage insurance every month, those late payments could be a disaster.

Private mortgage insurance, or PMI, is a simple concept. If your down payment is less than 20 percent of the home's value, the people giving you the loan want a guarantee that if something goes wrong they'll get their money.
Read the full story at Arizona Republic

Rush to pay off the mortgage - 2005-03-07
Home buyers are paying down their mortgages younger and faster, according to new figures. The average age for owning a house outright has dropped to just 48 - the lowest for 25 years.

Home owners are paying off their mortgages more rapidly than at any time since 1997, despite interest rate rises, according to a study by the Royal Bank of Scotland.
Read the full story at This is London