Waiting for the day when you don't
have to pay private mortgage insurance? It may be closer than you think. Find
out if you're ready to cancel PMI. If not, check out these strategies for getting
rid of it faster. Or, if you are a first-time mortgage hunter, read the basics
of PMI.
As
alternatives to private mortgage insurance grow, PMI companies offer more competitive
products and terms to their customers. Are you tempted to turn your back on an
"80-10-10?"
Bankrate.com
financial expert Dr. Don answers some frequently asked questions on avoiding PMI,
borrowing against your 401(k), paying, overpaying and canceling PMI.
