Comments on: Is it better to refinance a mortgage for a tax deduction or continue with my 15 year mortgage? http://MORTGAGEBASICS.INFO/is-it-better-to-refinance-a-mortgage-for-a-tax-deduction-or-continue-with-my-15-year-mortgage/ Sun, 20 May 2012 06:26:51 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: forktonguebush http://MORTGAGEBASICS.INFO/is-it-better-to-refinance-a-mortgage-for-a-tax-deduction-or-continue-with-my-15-year-mortgage/comment-page-1/#comment-6007 forktonguebush Thu, 31 Mar 2011 02:12:40 +0000 http://MORTGAGEBASICS.INFO/is-it-better-to-refinance-a-mortgage-for-a-tax-deduction-or-continue-with-my-15-year-mortgage/#comment-6007 Interest rates dropped to around 6.10% for a 30 year loan. What is your interest rate. Will you save money by refinancing? Your mortgage does not account for much of a deduction. You may want to stay the course. Interest rates dropped to around 6.10% for a 30 year loan. What is your interest rate. Will you save money by refinancing? Your mortgage does not account for much of a deduction. You may want to stay the course.

]]> By: net810 http://MORTGAGEBASICS.INFO/is-it-better-to-refinance-a-mortgage-for-a-tax-deduction-or-continue-with-my-15-year-mortgage/comment-page-1/#comment-6006 net810 Thu, 31 Mar 2011 01:26:36 +0000 http://MORTGAGEBASICS.INFO/is-it-better-to-refinance-a-mortgage-for-a-tax-deduction-or-continue-with-my-15-year-mortgage/#comment-6006 NO NO NO, dont refinance. it makes no sense to pay 6 % intrest to get a 3% tax break. Work on paying off your mortgage, becoming debt free and then donate to a charity. you win 3 fold. 1- dont have the risk of owing on your house if you fall on hard times, 2-get a tax break, by donating to a charity, and 3- help others. Dave Ramsey has great thoughts on this topic. He has great fiancial ideas. NO NO NO, dont refinance.

it makes no sense to pay 6 % intrest to get a 3% tax break.

Work on paying off your mortgage, becoming debt free and then donate to a charity.

you win 3 fold. 1- dont have the risk of owing on your house if you fall on hard times, 2-get a tax break, by donating to a charity, and 3- help others.

Dave Ramsey has great thoughts on this topic. He has great fiancial ideas.

]]>