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Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

At a time when millions of would-be homebuyers are locked out of the market, a select group of homeowners is claiming a huge tax break—for second homes. Known as the mortgage interest deduction, this ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Do you have a sizable ...

In 2023, home purchases slowed across the board due to low levels of inventory, high mortgage rates and soaring home prices. Simultaneously, the appetite for second homes also diminished substantially ...

A second mortgage is a loan against a home that also has an existing first mortgage. In a home foreclosure sale, the first mortgage lender gets repaid before the second mortgage lender. Applying for a ...

A second mortgage or refinancing your home mortgage could help put you in better financial shape so long as you choose the right one for your goals. A second mortgage and refinancing are two of the ...

Amidst a housing market that excludes many potential buyers, a particular group of homeowners benefits from a significant tax break for second homes through the mortgage interest deduction (MID).

Second homes may seem just like primary residences, but when it comes to financing, taxes and expenses, there are some important differences. Before you step into the second home market, you’ll want ...

A second mortgage unlocks home equity at a low interest rate, but it also comes with a second payment and higher qualification standards Written By Written by Contributor, Buy Side Alene Laney is a ...