Although the credit is capped at $ 2,000 a year, any remaining mortgage interest is still eligible for the federal home mortgage interest deduction. (credible.com)
As home mortgage interest rates rise look for less bargains as affordability decreases across the country. (vahomemortgageloans.org)
For example, the deduction for home mortgage interest is intended to encourage home ownership, rather than to properly reflect ability to pay income tax. (taxpolicycenter.org)