Billions in interventions in mortgage interest deduction have been suggested, but how big is the problem actually?

No more interest deduction for old interest-only mortgages as of 2031, a gradual reduction of the tax benefit or allowing homeowners to refinance the interest-only loan with gentle coercion: officials are proposing drastic billion-dollar measures for homeowners. But their report also raises the question of how big the problem actually is.

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