Mortgage Interest Deduction for Homeowners Could Be Eliminated

Posted By on December 7, 2010

As you have probably heard, the mortgage interest deduction for homeowners could be eliminated or drastically scaled back as Washington tries to figure out ways to curb the deficit.

The elimination would be devastating to homeowners, the housing industry, and the overall economy, and it would further depress home prices.  A recent survey by the National Association of Home Builders shows that over 80 percent of Americans support the mortgage interest deduction.

You can help protect the mortgage interest deduction by contacting your congressional representatives, and by visiting www.savemymortgageinterestdeduction.com and click on “Take Action”.

For more information of to view a complete summary of the Mortgage Interest Deduction, visit http://www.savemymortgageinterestdeduction.com/

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About the author

As the people behind Potterhill Homes, we have some pretty strong feelings about energy efficiency and green building. And we don't always agree! But we are commited to building a best homes we can and bringing you along on our journey to figure out exactly what that means! Thanks for checking out our site. My Google Profile+

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About Potterhill Homes

Cincinnati-based Potterhill Homes is a premier builder of affordable, environmentally friendly homes in Greater Cincinnati. Our homes are built with traditional Cincinnati architectural styles and are perfect for both urban infill and suburban development. To learn more about Potterhill Homes,visit www.potterhillhomes.com.


About the authors

As the people behind Potterhill Homes, we have some pretty strong feelings about energy efficiency and green building. And we don't always agree! But we are commited to building a best homes we can and bringing you along on our journey to figure out exactly what that means! Thanks for checking out our site. My Google Profile+