mortgage tax deduction - Articles

Mortgage Interest Deduction: Most Consumers Don't Use the Tax Break, Report Finds

During the arduous and acrimonious debate over the fiscal cliff, one potential part of the solution that has come up often is the elimination of the mortgage interest tax break. And while many lawmakers treat it as a sacred cow, it turns out the majority of consumers don't take advantage of it. The average deduction taken... Continue Reading »

Mortgage Interest Tax Deduction Battle Brews in Washington as 'Fiscal Cliff' Looms

By Jennifer Liberto Washington should stay away from touching the mortgage interest tax deduction, warns the U.S. housing industry. Lately, housing is on the mend and one of the few bright spots in a lumbering economic recovery. Taking away a key tax break could throw a wrench into homebuying plans and hurt a... Continue Reading »

After the Homebuyer Tax Credit: Mortgage Tax Deductions

Are you ready to celebrate the return of the Federal Home Buyer Tax Credit? Unless you're one of the 180,000 Americans with a pending sales agreement in contract by April 30, 2010, a celebration is probably out of order. While Californians and military personnel can still get state and military tax... Continue Reading »

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