re: Mortgage Rates

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At rates that low the 15 year note is essentially free. After the tax deduction it's around the long-term inflation rate.

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I hear this a lot.

At the lower end, the existence of the standard deduction eats away at most of the "savings" of the mortgage interest deduction.

And at the higher end, the cap on itemized deductions also eats away at this.

There is absolutely a sweet spot in the middle that is a great place to be, but it's not universal.