The Mortgage Tax Interest Deduction (MID) is more than just a box you check off on your taxes. It saves the average home owner $3,000 a year. It is a deduction that millions of people just like you take every year.
Did you know …
— 65% of families who take the MID earn less than $100,000 a year.
— 38.5 million people deduct interest from their mortgage on their taxes for an average benefit of $3,050 per year.
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