are pmi rates going down?

I want to refi my current FHA loan, to get a lower int rate. the lenders tell me if i do the new pmi calculation (rate) will be higher than my rate when i refi’d in 2010. And the higher $ dollars of pmi will be higher than any savings i would see at a lower int rate. Why is this? How can I help my self? Except for paying my balance down to 80% of the original loan?

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