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Full Mortgage Interest Deduction Now
Description
First-time homeowners just got a massive tax break: the government now lets you deduct the full mortgage interest—up to $30 million—off your taxes, turning your home loan into a direct cash refund. Plus, mortgage rates are falling, some as low as 3.5%, and construction loans are 100% financed. Land title processing is speeding up to clear thousands of backlogged cases, with a full housing strategy targeting vulnerable groups coming soon. All this was announced at the International Building Expo—showing housing is now a national priority.
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