Yes, I may have been drinking... but PMI is not so bad anymore. At least, it may be the lesser of several evils in this mortgage rate and housing market. Lew Sichelman writes another great article that YOU should have read. Or at the very least, I should tell you about... which I am.
In any event, please read "Most buyers not aware of mortgage insurance options", printed in Sunday's Chicago Tribune by Lew Sichelman. Lew, Lew, if I only knew as much as you. But then again, I'm sure he doesn't know where the best $350,000 condo in Lakeview is... do you?
So, once again I must make the point... get a mortgage broker that knows his/her stuff. And if you don't have one, I'll send you to three that will compete for your business.