pmi: PMI and TAX savings - 03/30/07 04:56 PM
A long awaited law makes PMI (private mortgage insurance) deductible on homeowner's taxes. Homes that are purchased or have been refinanced in 2007 are eligible for this deduction. PMI is an insurance policy on most home loans that carry less than 80% LTV (loan-to-value). The policy covers the lender against loss in … (2 comments)
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A long awaited law makes PMI (private mortgage insurance) deductible on homeowner's taxes. Homes that are purchased or have been refinanced in 2007 are eligible for this deduction.
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