Is the Mortgage Interest Tax Deduction in Jeopardy?

Posted On: Friday, March 25, 2011 - 1:23pm | Posted By: Diane Hourany
Topics: Laws and Regulations | Tags: congress, legislation, MID, mortgage deduction, tax benefit, tax break, taxe

Long taken for granted as a right of home-ownership, the ability to deduct the interest homeowners pay on their mortgage may disappear or be weakened as congress looks at terminating or scaling it back.  Is it time? Do you think homeowners should be favored with this benefit?  Read on to understand all the ways it does just that.

Diane Hourany

What makes me different from a “traditional agent” –most agents do business as if they will never see or hear from you again.