Yahoo!   My Yahoo!   Mail Welcome, Guest [Sign Out, My Account] Finance Home - Help Mortgage Center Loan Center > Mortgage > Overview > Features Today's Rates   Mtg Loan Rate APR 30-yr Fixed 5.62% 5.83% 15-yr Fixed 5.19% 5.52% 5-yr Adj 5.55% 6.40% See today's rates for your area Mortgage - Home Equity Calculators   Mortgage Payment   How Much Can You Afford?   Should You Refinance?   More Calculators Mortgage Education   Overview   Home Buying Tips   How to Shop for a Loan   Which Kind of Loan?   Getting the Loan   Managing Your Loan   Refinancing   Glossary Mortgage Professor   Ask the Professor   Mistakes to Avoid Yahoo! Real Estate Tools   Find a Home   Sell Your Home   Find & Compare REALTORS®   What's My Home Worth? ADVERTISEMENT Special Offers   Do I get a tax advantage from having a mortgage? You should consult a tax attorney or accountant for specific details, but interest on a mortgage is usually tax deductible. Interest on credit cards or automobile loans is not normally tax deductible. Next in "Overview" Related Articles The Tax Implications of Buying Your Home Should I Borrow for the Tax Deduction? What Do Fannie and Freddie Do? Avoid Common Home Repair Rip-Offs Common Questions About Mortgage Brokers Using a Second to Avoid Mortgage Insurance Find a Mortgage on Yahoo! Finance Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service Copyright © 2009 Ditech.com Questions or Comments?