My Home’s Value Has Dropped: Will I Pay Mortgage Insurance Forever?
Posted by Darrell M on July 9, 2010
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You bought your home with a 10% down payment, thinking in a couple of years, you’d have enough home equity to refinance and dump the mortgage insurance policy. But it’s been four years and your home is worth less than it was when you bought it! Are you doomed to pay for mortgage insurance forever?
No, [...]