Learn About Deducting Mortgage Interest From Your Taxes
One of the perks of a mortgage is the "mortgage interest deduction." Read on to learn what a mortgage deduction is, how much you can reduce from your taxable income, and how you can take advantage of this tax incentive.
About Mortgage Interest Deduction
The mortgage interest deduction is...
FHA or VA Loan: Which is Better For Veterans?
Veterans have benefits awarded exclusively to them for their dedication and service, including disability and education compensation, career training, health care, and even home loans. However, with federally-funded home loans, there is more than one option. When it comes down to...
Georgia Homeowners See Large Equity Gains
As home prices continue to increase across Georgia, the equity in the average home in the state grew around $24,000 in the first quarter of 2021 when compared to a year earlier. The increased equity has increased confidence in Georgia's housing market and has given some homeowners the...
Exploring The Pros and Cons Of An Interest-Only Mortgage Loan
An interest-only mortgage starts with payments that only pay down the mortgage interest. Generally, this makes your monthly payments lower than a typical mortgage payment. This option is attractive for those who cannot afford high mortgage payments. However, it has its drawbacks if...
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