Posts Tagged ‘cost of borrowing’
HOW TO CALCULATE THE AFTER-TAX COST OF YOUR MORTGAGE
Kevin Brierton – 1.15.2024 YOUR COST OF BORROWING MAY BE LOWER THAN YOU THINK Homeowners who itemize tax deductions can deduct the interest on up to $750,000 of mortgage balances used to buy, build, or improve a qualified home. Here’s how to figure out the impact of that tax deduction: WHAT IS YOUR MARGINAL TAX…
Read MoreHow Inflation Affects Mortgage Rates
Kevin Brierton – 8.3.2023 When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The Fed is trying hard to reduce inflation. And even…
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