Cherry Creek Mortgage
Mortgage News 09 February 2018

Tax Break Extended for Some Homeowners in 2018

The bipartisan tax bill agreed on today has extended a tax deduction for some homeowners through 2018.

If your household has a total adjusted income of $100,000 (gross) or less, 100% of your mortgage insurance premiums will still be deductible on next year’s tax return.

Depending on the amount of mortgage insurance paid, this could be a big savings.