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Fox News - Refinance Home and Avoid PMI Insurance? Interview with Chip Cummings

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Uploaded by on Sep 1, 2009

Fox News 17 interviews mortgage and real estate expert Chip Cummings on refinancing a home where declining real estate values now require Private Mortgage Insurance. Chip explains how homebuyers can effectively lower their interest rate without refinancing, and to avoid PMI. In another viewer question, Chip discusses credit card interest rates, and paying off higher rate cash advances vs. lower rate purchases. News segment courtesy of FOX News 17 Morning Show.

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