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Are You Still Paying PMI? Do You Need To?
With property values rising across the country, in some areas more rapidly than predicted when the homeowner secured the loan. Therefore, you may have homeowners who are paying PMI when they don't need to be. Depending on how their loans are set up, it may be an easy thing to cancel, saving your homeowners hundreds of dollars. Get the word out if yours is an area seeing strong home price appreciation.