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MID

Realtors® Say Mortgage Interest Deduction Vital to Home Ownership, Economy

Washington, DC - December 1, 2010 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Ron Phipps. “As the leading advocate for housing and home ownership issues, NAR firmly believes that the mortgage interest deduction (MID) is vital to the stability of the American housing market and economy.

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NAR

NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales...

The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to NAR Chief Economist Lawrence Yun.

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