re: FHA: Insurance premiums for mortgages will no longer be phased out at 78%

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So is this saying that if you put 10% down, once you hit the 78% you can cancel your PMI payments?

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just got a FHA loan in June. Got a letter a the first of the year (required by law it said) that states that i must keep PMI for a minimum of 5 years, that it will automatically be removed once my scheduled payment hit the 78% threshold (as long as ii have good payment status) and that if i pay extra payments and hit the 78% threshold it was my responsibility to ask for the insurance to stop.

Also, getting an appraisal showing the value has increased no longer is valid for helping to remove PMI insurance.