Students commonly wind their honors program cord and their major or minor cord together to create one multicolored cord. Other honor programs may require graduates to wear special cords. For example, graduates who are also members of Lambda Pi Eta, a nationally recognized honor society for communication majors, may also wear crimson colored cords on graduation day. A female graduate wears a crimson sash and tassle.
PMI fees vary from around 0.3 percent to about 1.5 percent of the original loan amount per year, depending on the size of the down payment and the borrowerâs credit score. It remains to be seen whether PMI premiums will continue to be tax-deductible. The PMI deduction expired in 2016, and the federal tax code is in flux as the Trump administration tries to overhaul it. Why wait to buy the house you want? Mortgage rates are low, so compare loans today.
Private mortgage insurance fees vary, depending on the size of the down payment and your credit score, from around 0.3 percent to about 1.5 percent of the original loan amount per year. Some years, PMI premiums are tax-deductible and some years they're not, depending upon the whim of Congress.