Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho November 22, 2023

Which Big Tax Breaks Are Available From Home Credits

There are several big tax breaks available from home credits that can help homeowners save money on their taxes. Here are some notable examples: Mortgage Interest Deduction: This is one of the largest tax breaks for homeowners. You can deduct the interest paid on your mortgage loan, up to a certain limit, as an itemized deduction on your federal income tax return. The Tax Cuts and Jobs Act of 2017 reduced the mortgage interest deduction limit for new mortgages, but it still remains a significant … [Read more...]

Filed Under: Real Estate Tagged With: Deductions, Mortgage Interest, Property Tax

Bob Ramalho January 7, 2019

What’s Ahead For Mortgage Rates This Week – January 7th, 2019

Last week's economic reports included Labor Department readings on private and public sector jobs, the national unemployment rate. Weekly readings on mortgage rates and first-time jobless claims were also released. Monthly reporting on construction spending was delayed due to the government shutdown. Public and Private-Sector Jobs Growth Exceeds Expectations ADP reported 271private sector jobs added in December as compared to 157,000 jobs added in November. Analysts expected 182,000 jobs added … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Interest

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