[Cyph0n]

But mortgage interest is an itemized deduction, which means it only becomes a tax benefit when your interest + other deductions exceed the standard deduction. And if you do take the deduction, only the delta between it the standard deduction is a benefit.

[hintklb]

At this point, the so-called tax benefits are mainly a realtor talking point (the same as "Renting is throwing money away")