Many Consumers Don’t Take Advantage of Mortgage Interest Deduction

Mortgages

Many Consumers Don’t Take Advantage of Mortgage Interest Deduction

Many Consumers Don’t Take Advantage of Mortgage Interest Deduction

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... Read More

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.