Refinancing to End PMI - Boston, Hanover, MA

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For many home buyers, private mortgage insurance is a necessary evil. If you don’t have 20% in cash to put down on a home, you’ll often be left with little choice other than PMI. But that doesn’t mean you’re stuck with the payments. If you’ve built up some equity in your home, you may be able to refinance your loan and end those PMI payments. But is it a good idea?
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