Primary Mortgage Insurance (PMI) is an added cost to mortgages in which more than 80% of the principal is still owed, and can ...

How Much Does PMI Cost? The average cost of PMI is between 0.46% and 1.5% of your loan’s value each year, but this can vary between loans. Like other types of insurance, private mortgage ...

A bevy of lawmakers, including the powerful vice chair of the U.S. House of Representatives' tax law writing committee, has introduced legislation seeking to restore the tax deduction for private ...

Private mortgage insurance (PMI) is required for conventional loans if you have a down payment of less than 20%. Lenders or loan servicers automatically cancel PMI when your loan balance falls to ...

In first place was Texas with 70,446 homeowners using private mortgage insurance, followed by Florida at 954,190, California with 42,920 and Illinois with 36,589.