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Purchasing mortgage points allows you to "buy down" the interest rate on a home loan. Doing so may result in a lower monthly mortgage payment and save you money on interest charges over the long term. The IRS also offers … Continue reading → The post How to Deduct Mortgage Points on Your Taxes appeared first on SmartAsset Blog.

Franklin D. Roosevelt once said, “Taxes are paid in the sweat of every man who labors.” But, I ...