What precentage of mortgage interest is refunded in taxes?

TM W asked: So Far this year I have paid over fifteen thousand dollars in interest on my mortgage. Is there a certain percentage that is refunded when I do my taxes? Also, are closing costs refundable too?

What to Expect From a Jumbo Mortgage Loan

Jumbo mortgages are not so different from standard mortgages but there are a few key things that are worth looking in to.Jumbo Mortgage LoansA jumbo mortgage loan is a loan taken for property that is high-priced.. In Colorado, as in most of the U.S., a jumbo mortgage loan is any mortgage that exceeds $417,000 – [...]