What is home mortgage interest deduction? This principle allows a taxpayer to reduce their total amount of taxable income if they own a home. By calculating the amount of interest you’ve paid on your home loan, you could qualify for a deduction for interest on a mortgage. This principle cannot be implemented the same way […]

Freddie Mac reported this week that mortgage rates dropped yet again this week. Specifically, the 15-year-fixed loans are at a record low. This time last year, 15-year-fixed rates were at 3.07 and now they are at 2.56. 15-year-fixed mortgages are not the most popular types of mortgage, but they are at a rate low enough […]