Agent

Will refinance lessen homeowner’s real estate tax deduction?

Benefits of lower interest rate, no mortgage insurance go undetected
Published on Nov 9, 2005

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by CareyBot

DEAR BOB: I own a townhouse condo that I bought in 1993 with a 6.5 percent interest rate, 30-year FHA mortgage. My monthly FHA mortgage insurance fee is $47. My purchase price was $130,000. Today, the condo is worth around ...

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