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 ...

New mortgages for second homes, often thought of as vacation homes, fell to a 6-year low in 2024. High interest rates and home insurance costs are keeping Americans from buying second homes, ...

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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).

Mortgage rates are hovering near their lowest levels since March, after finally coming down from above 7% over the summer. In fact, mortgage interest rates have been bouncing in a relatively narrow ...

Many prospective homebuyers are eagerly waiting for mortgage rates to come down. Mortgage rates may not drop substantially in the near term. Higher mortgage rates offer the benefit of less buyer ...