Refinance

[Grieve]

I'm fairly sure the mortgage interest deduction will be gone within 5-10 years, probably starting next year for high earners. The vast majority of homeowners don't use it, because they take the standard deduction. Ironically, most don't realize that when they buy their house (some don't even realize later, if someone else does their taxes). Also ironically, everyone refinancing at these low rates is helping the government, since they have less to deduct.

So...don't rely on it too much, although it is very nice right now.