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Mortgage interest deduction

Your profession is facing monumental issues in Congress

The real estate industry is facing monumental issues in Congress, in the regulatory agencies that govern mortgage financing, in the statehouses that are dealing with critical budget crises and declining property tax revenues, and in municipalities and counties. Each of these issues impact Realtors' ability to do business and serve clients.

Mortgage Interest Deduction (MID)

Reports on cuts to MID are premature

This is how rumors are started. Yesterday several major media outlets (WaPo, NYT) ran stories about a sneak peek of a draft report from the Deficit Reduction Commission (DRC), a bipartisan commission charged with recommending steps to reduce the federal debt.

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