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HR 918 · in committee · significant

Mortgage Insurance Tax Deduction Act of 2025

What this bill does

  • This bill allows homeowners to deduct mortgage insurance premiums from their taxable income as a permanent tax benefit.
  • Homeowners with mortgages backed by FHA, VA, USDA, or private mortgage insurance are affected.
  • The deduction was previously available until 2021 and this bill makes it permanent going forward.

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Community Threads

Started by Cosponsor

  1. 01

    How would making mortgage insurance premiums permanently deductible affect housing affordability for first-time homebuyers versus existing homeowners?

  2. 02

    What is the estimated annual cost to federal tax revenue if this deduction becomes permanent, and how should that trade-off be weighed against other budget priorities?

  3. 03

    Why did Congress allow this deduction to expire in 2021, and what evidence suggests reinstating it would meaningfully change homeownership rates or housing market outcomes?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · D-CA-26

Julia Brownley

Citizen cosponsors

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In Congress

0/ 435

House Reps cosponsoring

Introduced 2025-02-04

Legislative timeline

  1. 2025-02-04 · house · IntroReferral

    Referred to the House Committee on Ways and Means.

  2. 2025-02-04 · IntroReferral

    Introduced in House

  3. 2025-02-04 · IntroReferral

    Introduced in House

Congress.gov ↗

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