The Washington Post: Why Paying off Your Mortgage Early Makes Sense

The number of homeowners who benefit from the mortgage tax break plummeted following the passage of the 2017 Tax Cuts and Jobs Act, which nearly doubled the standard deduction, with the result that fewer taxpayers itemized deductions on their tax returns. The tax law reduced the share of taxpayers claiming the mortgage-interest deduction from 23% to 11%, according to the Institute on Taxation and Economic Policy. Read more