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Property type: Single-family home in Maxwell Park, Oakland. Purchase price: $860,000. Loan amount: $720,000. Rate: 4.625%. Backstory: A construction employee working on the new Warriors facility in.

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For counties that have higher home values, the baseline limit. Don’t expect a big tax break on a jumbo loan. The cap on the mortgage interest deduction is limited to $750,000 for new mortgage debt..

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