The Mortgage Interest Deduction in 2026: A Bigger Benefit Than Most Homeowners Realize
Most homeowners assume the mortgage interest deduction doesn't really apply to them anymore, and for a lot of the last several years, that assumption was often right. The standard deduction nearly doubled back in 2018, and a $10,000 cap on state and local tax deductions meant a lot of homeowners simply couldn't itemize their way past what they'd already get for free.