mortgage insurance does suck, but it didn't ruin the economics for me, but I was lucky. When I bought with an FHA, if you got down to 20% by year 5, you could

mortgage insurance does suck, but it didn't ruin the economics for me, but I was lucky. When I bought with an FHA, if you got down to 20% by year 5, you could get rid of MIP. Now the rules are stupid, you are stuck with mortgage insurance for the life of the loan regardless, unless refi. That's just wrong