Mortgage Insurance Deduction

Maryland Mortgage Interest Tax Deduction At Risk

February 1st, 2012

The mortgage interest tax deduction that 38% of Maryland homeowners take advantage of could go away if a new bill introduced is passed. According to the Maryland Association of REALTORS(R) Action Alert about the reduction in tax deduction, "Under the proposal, if a Maryland taxpayer’s federal adjusted gross income exceeds $100,000; single taxpayer’s itemized deductions would decrease by 10% when [...]

What Mortgage Interest Deduction Means For You

January 26th, 2011

There is a big issue affecting many homeowners in discussions in Congress right now, and whether you personally take the Mortgage Interest Deduction or not, this could  be a big deal for your house value. Why? Many Americans do take the mortgage interest deduction on their federal taxes each year. If you bought a house [...]

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