Private mortgage insurance likely to remain deductible
With the tightening of credit in the housing market, more policies are being written again for private mortgage insurance, which observers believe will continue to be tax-deductible for most homebuyers — and paid by lenders for numerous others.
Traditionally, the one in five home buyers who don't put down 20 percent on the purchase of a house are required to pay private mortgage insurance (PMI), which helps cover len...
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