Call for Action: Protect the Mortgage Interest Deduction!
As part of its FY 2011 budget, the Obama administration has proposed limiting the value of the Mortgage Interest Deduction, which is being attacked as part of ongoing budget negotiations.
On Monday, NAR issued a Call for Action urging REALTORS® to send letters asking Congressional representatives to co-sponsor H.Res25, a bipartisan House resolution that affirms the value and importance of the Mortgage Interest Deduction.
NAR also has posted a video of NAR President Ron Phipps explaining the importance of MID and why REALTORS® need to join in the fight to preserve this valuable homeownership benefit.
NAR and C.A.R. continue to fight these efforts to limit the MID. Please support the MID by responding to NAR’s Call-for-Action.
Call to action Link...