Associations oppose various proposals to overhaul the much-used deduction, and debate may take a long time to play out. With a series of proposals afloat to limit, transform or eliminate the mortgage interest tax deduction, housing-related associations are gearing up efforts to keep the policy intact. “It’s our number-one issue,” said Sara Wiskerchen, senior public affairs associate for the National Association of Realtors. “It’s a very big issue for us,” echoed Jerry Howard, CEO of the National Association of Home Builders. But given widespread support, the deduction is considered one of the “third rails” of politics, and experts say it may take years before legislative… Read More