Is Upfront Mortgage Insurance paid at a mortgage refinancing deductible from income taxes?

Question by Fred M: Is Upfront Mortgage Insurance paid at a mortgage refinancing deductible from income taxes?
I am pretty sure it is deductible when you a buying a home; just want to know if it is deductible when refinancing as it will impact the earn back time of the refinancing costs.

Best answer:

Answer by Bill
Mortgage Insurance isn’t deductible.

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