Mortgage Interest Deduction Under Attack

The National Association of Home Builders is mobilizing to help industry members stay informed and speak up regarding a potential recommendation to limit the mortgage interest deduction by a President Obama appointed bi-partisan panel in Washington looking at ways to cut the national debt.

According to the NAHB, Americans overwhelmingly oppose any action by Congress to tamper with the mortgage interest deduction, but it is likely to come under fire as Congress and the Administration move forward with the important task of deficit reduction.

Already, voices ranging from politicians to pundits, the media, think tanks and special interest groups are calling for eliminating or limiting the mortgage interest deduction.

Please join the National Association of Home Builders in the important effort to preserve the mortgage interest deduction.

→ Get the background and statistics

→ Read the statement from the NAHB Chairman on the Deficit Commission Co-Chairs’ proposal to change the MID

Join the discussion on Facebook.com/SaveMyMID
Follow the latest updates on Twitter.com/SaveMyMID

For more information about this item, please contact Gwyn Donohue at 800-368-5242 x8447 or via e-mail at gdonohue@nahb.org.

Posted in Advocacy, Buying, Selling & Financing, For Consumers, Legislative Advocacy, Money Savers