No. PMI pricing is set at closing and doesn't get repriced when your score improves. The mortgage insurance rate on your loan was based on your credit, down payment, and loan details at the time the loan closed, and it stays put for the life of that loan. You have two real ways to improve the situation: - Refinance, if rates and your numbers support a new loan. A refinance means fresh pricing on everything, including the MI (or none at all, with enough equity). - Build enough equity to have PMI removed entirely. On a conventional loan, PMI generally can be canceled once you reach the required equity threshold, through paying down the balance or through appreciation. Confirm the current removal rules for your loan. An improved score is genuinely valuable, just for the next loan rather than the current one. If your score has jumped meaningfully, have us check whether a refinance pencils, because that's where the better credit actually pays off.