Mortgage interest tax relief will continue at the present rate.
Some people are concerned about the effect of the proposed change on mortgage interest.
Have to pay mortgage interest until you retire - young people take note.
That comes to $479,520 over 30 years, before tax deductions for mortgage interest.
This might also preclude them from writing off all their mortgage interest.
The rules allowed reimbursement of mortgage interest only and on one home at a time.
She over-claimed for the mortgage interest on her second home, and was told to pay back over £7,000.
The claims have been for mortgage interest on her designated second home in London.
The interest rate is the same as the mortgage interest.
Under the new tax law, mortgage interest remains deductible for first and second homes.