Banker Comes Clean On the Secrets Of PMI or Mortgage Insurance

News Flash! Congress and the President have just created a benefit which could impact the majority of Americans seeking home financing! Millions of home buyers may now qualify for a more expensive home or obtain a lower payment for the same-priced home while potentially reducing their taxable income.

So, what is this bombshell? The federal government has passed legislation that would allow for Private Mortgage Insurance, also known as PMI, to become tax deductible effective January 1, 2007. The benefit will be extended to those whose...

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