Here is a MarketWatch Article that states has the same information regarding refinanced loans:
"New rules for mortgage refinancing
For those individuals with a mortgage on their home prior to Dec. 15, the $1 million limit continues to apply if you refinance your mortgage to lock in a lower interest rate.
But if the refinancing is also used to increase the size of the mortgage, interest on the additional debt can’t be deducted."
Here is a link to the article: Mortgage Interest
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