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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/i-agree-but-i-feel-its-inevitable-that-a-28653506.aspx

Subject:  Re: Mortgage Interest Deduction going away? Date:  7/23/2010  2:55 PM
Author:  JEDIKNIGHT Number:  118033 of 127523

I agree.

But, I feel it's inevitable that a relevant, notable change or curtailment is coming to this deduction.

My biggest concern is that it be for FUTURE mortgages, not for mortgates already underway.

Right or wrong, some people depend on that deduction and made their home purchase and budgets based on it. This potential change would throw them out of orbit

Jedi
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