Deducting home loan interest is trickier under new tax rules – Many homeowners with existing mortgages and home equity loans will be unaffected because this grandfather rule. But if you are looking to take a home equity loan, buy a new residence or refinance an.
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Deutsche Bank Reverses Pledge to Help Distressed Homeowners – The Justice Department was criticized over earlier mortgage settlements that allowed banks to use settlement money to fund new loans, rather than providing help to homeowners affected by the financial.
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Have a home equity loan? Here’s what you need to know about your taxes – Homeowners with home equity loans may be reaping the benefits of deducting interest paid in 2017, but they shouldn’t get used to it. The new tax reform law drastically changed how the tax code will.
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LA homeowners have equity worth a cool $760B – That wealth can be accessed by selling, by using equity to take out loans, or through a cash-out refinance. That third option is when homeowners replace existing mortgages with a new, larger loan..