Tag Archives: Mortgage

You Should Know About These Mortgage Points and Tax Deductions

Are Mortgage Points Tax Deductible? When you took out a mortgage to buy your home, did you pay points? You may be able to deduct that prepaid interest on your federal tax return — but only if you meet a … Continue reading

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Interest Rates are the Lowest in History

When I hear people complain about interest rates being so high I wonder how low people expect interest rates to go before they realize they are seeing the lowest interest rates in history. I remember when I looked at purchasing … Continue reading

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Foreclosure Deal Helps Homeowners Who Are Deeply Underwater

The federal court is finally moving in the right direction with a $25-billion nationwide settlement over alleged foreclosure abuses of five major U.S. banking firms. Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Citigroup Inc., and … Continue reading

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