Buying an extra point, for instance, can lower interest rates
Realtor.com found three ways people who bought homes in 2015 could receive tax benefits.
First, even with low interest rates, buying an extra point or two can lower the rates even further. With a 30-year fixed-rate mortgage of $350,000, two extra points would take the 3.8 percent interest rate for $7,000 down to 3.3 percent.
Second, home owners could write off 30 percent of the cost of energy-saving systems under the Residential Renewable Energy Tax Credit. Third, just the change from being a renter to being an owner offers tax breaks.