Tuesday, November 18, 2008

New tax deduction created for mortgage insurance

Mortgage insurance will be tax-deductible in 2007. For some homeowners, the new law means it will cheaper to get mortgage insurance instead of getting piggyback loans. The 109th Congress passed the tax law in its final hours.

www.getthehomeloanyouwant.com/journal/2007/1/21/new-tax-deduction-created-for-mortgage-insurance.html