The Mortgage Interest Deduction

By now you have seen numerous news reports concerning the “Fiscal Cliff.”  Many of these reports speculate that a change to the long-standing policy that allows homeowners to deduction mortgage interest payment from their income taxes could be part of a “Fiscal Cliff” deal.

The National Association of REALTORS®’ position is that the mortgage interest deduction is vital to the stability of the American housing market and economy. NAR will remain vigilant in opposing any future plan that modifies or excludes the deductibility of mortgage interest.

If you agree, please send the short message contained in the link below to your Senators and Member of Congress to tell them where you stand and that we will be watching.

Tell Congress to do no harm to housing.