Consumers Relocation fully supports MID- the mortgage interest deduction, and we feel that its elimination will be devastating to the real estate market! Last week, the Deficit Commission Report was released, and talked about cutting the mortgage interest deduction. News reports are saying that Congress threatens to repeal or limit MID will keep potential buyers on the sidelines and further delay the housing recovery.
Call your Senator and tell them you support the interest deduction, and that even talk of changing MID harms an already fragile market.
This call to action is being spearheaded by the National Association of Realtors and is vital to our real estate industry!
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