Mortgage delinquencies spike in Manatee-Sarasota. Blame Hurricane Irma

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Mortgage delinquencies spike in Manatee-Sarasota. Blame Hurricane Irma Save the Mortgage Interest Deduction The mortgage interest deduction. You can deduct mortgage interest on a loan worth up to $500,000 if you’re a single tax filer, or $1 million if you’re filing a joint return.

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Sarasota County officials provide update on Hurricane Irma Mortgage Delinquencies Begin to Recover from Hurricane Season. On the serious delinquency front, for mortgages that are 90 days or more past due, only Alaska saw its serious delinquency rate increase year-over-year in October 2017, climbing to 1.1 percent in that month, as compared to 1.0 percent in October 2016.

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