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Path: utzoo!watmath!clyde!burl!ulysses!gamma!pyuxww!pyuxii!tw8023
From: tw8023@pyuxii.UUCP (T Wheeler)
Newsgroups: net.consumers
Subject: Re: Junk offers...
Message-ID: <242@pyuxii.UUCP>
Date: Mon, 7-Oct-85 08:45:41 EDT
Article-I.D.: pyuxii.242
Posted: Mon Oct  7 08:45:41 1985
Date-Received: Tue, 8-Oct-85 04:27:23 EDT
References: <615@decwrl.UUCP>
Organization: Bell Communications Research, Piscataway N.J.
Lines: 9

Just a note to say that, if you feel the need for some
type of mortgage protection, DO NOT BUY MORTGAGE INSURANCE.
Go out and buy a normal every day decreasing term policy.
They are much much cheaper and provide the exact same
protection as so-called mortgage insurance.  Mortgage
insurance is nothing more than decreasing term with
a fancy name and a fancier price.
T. C. Wheeler