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http://activerain.com/blogsview/324567/PMI-stays-Tax-Deductible

Happy New Year! It is official - Private Mortgage Insurance (PMI) will remain tax-deductible for the next three years: 'THE WHITE HOUSE - Legislation to extend the federal tax deduction allowing homeowners with low down-payment mortgages to deduct the cost of their government or private mortgage insurance premiums for three more years has been signed into law by President Bush. Qualified borrowers will be able to take the deduction if their insured mortgage originates between 2007 and 2010. The tax break for mortgage insurance premiums is for families with an adjusted gross income of $100,000 or less. Families with incomes up to $109,000 are eligible for a partial deduction.'