In the real world when you lower the interest rate on your mortgage, you end up paying less interest which then lowers the deduction you can take thereby RAISING your taxes.
About 22 yrs ago we bought a house for about $75k. We lived in the house for 10 yrs and watched our deductions go down and taxes go up. We sold the house for the same price we paid for it and bought a much bigger, more expensive house. I told hubby......I would rather spend more on a house than send my dollars to the govt.
“I would rather spend more on a house than send my dollars to the govt.”
And with everything the Fed is doing, you can pay it back with inflated dollars that are worth less!