Poll: When you think of buying a home, how important is the mortgage interest deduction to you?
Posted 12-26-2016 at 04:04 PM by MikeJaquish
We hear a lot of hype about the Mortgage Interest Deduction.
Real Estate agents routinely promote the value of buying a home due to the MID.
It makes me wonder how important that deduction is to for most homeowners.
I know that about a third of owners have no mortgage, ergo, no interest expense.
Anyway, I polled the CD Faithful on the CD Real Estate Forum to get some input on how valuable they think the MID is.
As below:
https://www.city-data.com/forum/real-...l#post46603531
Real Estate agents routinely promote the value of buying a home due to the MID.
It makes me wonder how important that deduction is to for most homeowners.
I know that about a third of owners have no mortgage, ergo, no interest expense.
Anyway, I polled the CD Faithful on the CD Real Estate Forum to get some input on how valuable they think the MID is.
As below:
https://www.city-data.com/forum/real-...l#post46603531
Quote:
Originally Posted by MikeJaquish
Just like the title says: When you plan on buying a home, how important is the mortgage interest deduction to you?
Is it extremely important to you, or just a hyped fluff thingie?
Poll is open indefinitely, and you can mark multiple answers.
Is it extremely important to you, or just a hyped fluff thingie?
Poll is open indefinitely, and you can mark multiple answers.
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