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NAR to fight MID

The recent release of the Federal Debt Commission’s recommendation includes a proposal to eliminate the federal Mortgage Interest Deduction. Read More here, NAR has launched a media campaign to fight against that proposal. Initial estimates predict an across the board 15% loss in home value for all 75 million homeowners. Be sure to respond to the Call to Action and tell your congressman why this proposal is a bad idea. The Homeownership Matters video highlights the importance of homeownership. Other MID resources can be found here.

 

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