secondmortgages

“For the first time since January 2017, the default rates for autos, bank cards and mortgages all rose together,” said David M. Blitzer, managing director and chairman of the index committee at S&P Dow Jow Indices, which together with Experian released their consumer credit default report for October. The default rates on first and second mortgages, bank cards, and auto loans rose last October, accordi...

If you own a home, you probably want to take advantage of the many deductions you are eligible to receive at tax time. Even though the tax guidelines changed for 2018, you may still be able to deduct not only the interest on your first mortgage, but the interest on your second mortgage as well. Get Matched with a Lender, Click Here. THE RULES First, let’s look at the rules. Any interest that you deduct must b...