REALTORS® want to ensure the nation’s 75 million homeowners continue to receive the mortgage interest deduction as it is today. It’s a very important benefit for all homeowners, especially the middle class homeowners. On Wednesday, the California Association of REALTORS® placed an open letter advertisement in California’s six largest daily newspapers, calling on President Obama and Congress to preserve the mortgage interest deduction in its entirety during their “fiscal cliff” discussions.

The letter was placed in a full-page ad in the Los Angeles Times, San Francisco Chronicle, San Jose Mercury News, Sacramento Bee, U-T San Diego, and the Orange County Register, and states any proposal that eliminates or attempts to alter in any way the mortgage interest deduction undermines a century-old commitment to the American Dream of homeownership.

The letter also asks the public to visit www.KeepTheMID.com to learn how they can contact their Member of Congress and ask them to protect the mortgage interest deduction. View the open letter.

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