Use of private mortgage insurance climbs in 2007

Tax deduction makes home buying more attractive to those with good income, credit
Published on Sep 21, 2007

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by CareyBot

Despite all the negative publicity about the so-called “mortgage meltdown” with more than 100 major mortgage lenders either filing bankruptcy or being unable to fund their home loan commitments, low- and no-down-payment PMI (private mortgage insurance) mortgages are readily available ...