It used to be that few banks were offering any home refinancing in Springfield IL, not in the recent past anyway. Now that trend has swung the other way and banks are happily lending in home loans in solid communities such as Springfield IL again. This is terrific financial news for homeowners in the area.
It used to be that high rates of interest paid to creditor banks on credit cards were tax deductible, but those advantages have long since disappeared. As it is now homeowners are only allowed to deduct interest payments on mortgage loans on their personal income tax. In fact in most households this is the largest of all deductions taken on one
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