Mortgage Interest Deduction: Should It Be Phased Out?

Well disappointingly, but not suprisingly, the Congressional “Super Committee” failed to come up with a plan to reduce the Federal deficit.

The fact that the deficit needs to be reduced and there were no new proposals on the table of how to go about doing so, got me to thinking about some of the original recommendations from the Simpson-Bowles plan. One of their recommendations was to eliminate certain mortgage interest rate deductions, namely on second homes, equity lines of credit, and mortgages over $500,000.

Costco addressed the phasing out the mortgage interest deduction completely in their November edition of The Costco Connection.

If it were phased out completely would that change your plans to buy? Would it speed up your plans to sell? What if only the Simpson-Bowles recommendation were implemented? Would that change your plans to buy or sell?

About The Author

Jennifer Wollmann


  1. What Equipment is Needed for Sling TV November 13th, 2018 at 2:45:32 am

    Really when someone doesn’t understand after that its up to other users that
    they will assist, so here it takes place.

  2. What Equipment is Needed for Sling TV November 10th, 2018 at 11:43:53 pm

    I pay a visit day-to-day some web pages and information sites to read
    articles, however this website provides quality
    based writing.

  3. Sling TV November 10th, 2018 at 1:53:58 pm

    Wow, marvelous blog layout! How long have you
    been blogging for? you make blogging look easy.
    The overall look of your site is wonderful, let
    alone the content!

  4. Quest Bars Cheap November 8th, 2018 at 9:05:38 pm

    Thanks for one’s marvelous posting! I genuinely enjoyed
    reading it, you can be a great author.I will ensure that I bookmark
    your blog and may come back later on. I want to encourage you to ultimately continue your great work, have a nice evening!

  5. Your comment is awaiting moderation.
    descargar facebook November 4th, 2018 at 1:56:53 pm

    Descargar facebook descargar facebook
    It’s a shame you don’t have a donate button! I’d most
    certainly donate to this fantastic blog! I guess for now i’ll settle
    for bookmarking and adding your RSS feed to my Google account.
    I look forward to new updates and will talk about this
    site with my Facebook group. Chat soon! Descargar facebook descargar facebook

  6. quest bars cheap November 4th, 2018 at 12:39:08 am

    Great info. Lucky me I recently found your blog by accident (stumbleupon).
    I have saved it for later!

  7. descargar facebook November 2nd, 2018 at 8:15:03 pm

    Greetings! I know this is kind of off topic but I was wondering which blog platform are you using for this website?

    I’m getting sick and tired of WordPress because I’ve had problems with hackers and I’m looking at options for another platform.
    I would be awesome if you could point me in the direction of a good platform.

  8. descargar facebook November 2nd, 2018 at 4:56:59 pm

    Hi, I do believe this is an excellent blog. I stumbledupon it 😉 I
    will come back yet again since I book-marked it. Money and freedom is the best way to
    change, may you be rich and continue to guide others.

  9. November 2nd, 2018 at 6:01:47 am

    Descargar facebook
    It’s going to be ending of mine day, but before finish I am
    reading this enormous paragraph to increase my know-how.
    Descargar facebook

  10. Health Benefits of Coconut Oil October 29th, 2018 at 10:27:42 pm

    Howdy! I know this is somewhat off topic but I was wondering
    if you knew where I could get a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having
    difficulty finding one? Thanks a lot!

  11. Coconut Oil Benefits October 28th, 2018 at 6:45:28 am

    Hi there, I discovered your blog by way of Google at the same time as searching for a similar subject, your website came up, it appears
    great. I have bookmarked it in my google bookmarks.
    Hello there, just changed into aware of your weblog through Google, and located that it is truly informative.
    I’m gonna be careful for brussels. I will be grateful in case you
    continue this in future. Numerous other folks will likely
    be benefited from your writing. Cheers!

  12. Benefits of Coconut Oil October 28th, 2018 at 5:40:19 am

    I know this website offers quality dependent posts and extra
    stuff, is there any other website which provides these kinds of things in quality?

  13. Health Benefits of Coconut Oil October 25th, 2018 at 1:14:46 pm

    Hi, I do think this is an excellent site. I stumbledupon it 😉 I will revisit yet again since
    i have book marked it. Money and freedom is the best way to change,
    may you be rich and continue to help other people.

  14. Coconut Oil October 24th, 2018 at 3:08:28 pm

    Great beat ! I wish to apprentice even as you amend your website, how can i subscribe for a blog site?
    The account aided me a acceptable deal. I have been a little bit familiar of this your broadcast offered vivid transparent concept

  15. Coconut Oil October 23rd, 2018 at 5:36:58 am

    Howdy exceptional blog! Does running a blog such as this take a massive amount work?
    I’ve virtually no knowledge of programming but I was hoping to
    start my own blog soon. Anyways, if you have any suggestions or tips for new blog
    owners please share. I understand this is off
    topic however I just wanted to ask. Thanks a lot!

  16. Coconut Oil Benefits October 22nd, 2018 at 2:47:53 pm

    Fastidious response in return of this issue with genuine arguments and
    describing all on the topic of that.

  17. minecraft secret free download October 18th, 2018 at 4:49:37 pm

    This is a topic that’s near to my heart… Take care! Exactly
    where are your contact details though?

  18. minecraft free download 2018 October 11th, 2018 at 8:15:20 am

    What’s up friends, its fantastic piece of writing on the topic of cultureand entirely defined,
    keep it up all the time.

  19. minecraft free download 2018 October 11th, 2018 at 6:34:21 am

    Hello there! I could have sworn I’ve visited this website before but after going through many of
    the articles I realized it’s new to me. Anyways, I’m certainly delighted I found it and I’ll be bookmarking
    it and checking back often!

  20. minecraft free download 2018 October 9th, 2018 at 9:13:28 am

    Hmm is anyone else experiencing problems with the images on this blog loading?
    I’m trying to figure out if its a problem on my
    end or if it’s the blog. Any suggestions would be greatly appreciated.

  21. minecraft free download 2018 October 8th, 2018 at 10:55:02 am

    Thanks for sharing your thoughts about minecraft
    free download 2018. Regards

  22. minecraft October 7th, 2018 at 12:21:28 pm

    Hi, Neat post. There is an issue with your web site in internet explorer, would test this?
    IE nonetheless is the market leader and a huge component to other folks will leave out your excellent writing due to this problem.

  23. minecraft October 7th, 2018 at 12:39:32 am

    Wow, wonderful blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look of your site is wonderful, as well as the

  24. minecraft October 5th, 2018 at 9:14:04 pm

    certainly like your website however you have to take a look
    at the spelling on quite a few of your posts. Many of them are rife with spelling issues and
    I to find it very bothersome to inform the reality on the other hand I
    will definitely come again again.

  25. minecraft October 5th, 2018 at 11:22:25 am

    Thank you for the auspicious writeup. It actually was a leisure account it.

    Glance complicated to far introduced agreeable from you! However, how can we keep up a correspondence?

  26. minecraft October 4th, 2018 at 7:40:01 pm

    When someone writes an post he/she retains the image of a user in his/her mind that how a
    user can know it. Thus that’s why this paragraph is outstdanding.


  27. hop over to this website August 27th, 2018 at 5:52:40 pm

    “Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You definitely know what youre talking about, why throw away your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?”

Leave A Comment

Affiliates & Brokerages