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Can there really be good news about mortgage insurance premiums?

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Can there really be good news about mortgage insurance premiums?

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Well, yes, for some of us. President Bush just signed a bill that will, beginning in 2007, allow for mortgage insurance (MI) premiums to be deducted. This impacts those of you who are buying in 2007, and anyone who decides to refinance (provided MI is involved). There are limits on who this will apply to. Stop by this site for more information on this news about mortgage insurance premiums.

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