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$ 23,100 annual mortgage interest on a $ 90,000 annual salary?

 

I’m in the mortgage business, and I’m curious how the general public feels about today’s rates and ability to get a decent loan.

 

I recently closed escrow on a new home mortgage, but because of the recent chages in the home mortgage industry, the broker cannot sell the loan to a traditional bank. They are basically stuck with the loan. Is there anything I should be concerned with? I recently closed escrow on a new home mortgage, but [...]

 

I know that you can use itemized deductions on federal taxes, for the mortgage insurance paid, and property taxes paid. 1. Are there any other itemized deductions which can be claimed on federal forms? 2. Are there any deductions that I can claim on State forms? Thanks. I am considering moving to either Maryland or [...]

 

Does the tax benefit of deducting mortgage interest and property taxes apply to California state taxes as well?

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