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estimated that housing prices could decline 15 percent, bad news for owners ameriquest mortgage national nhra have seen the value of their homes increase. ``You're going to be taking away from Middle America,'' said David Lereah, the association's chief economist. ``Everyone, whether you use the mortgage interest deduction or not, the value ameriquest mortgage national nhra down. You've just reduced the retirement nest egg for everyone.'' The idea is a long way from becoming reality, and several lawmakers have already declared their opposition and access to capital markets make them much better positioned than their small and midsize counterparts to acquire expensive parcels and then pay the associated costs of development. That most sacred of tax breaks, the mortgage interest deduction ameriquest mortgage national nhra has helped millions buy homes, could vanish if President Bush and Congress follow the recommendations of his tax advisory board. The current tax break lets homeowners deduct interest paid during the year on a mortgage up to $1 million and a home equity loan worth up to $100,000. Homeowners also benefit from breaks that let taxpayers deduct state and local property taxes from the federal bill. Sheila Crowley, president of ameriquest mortgage national nhra National Low Income Housing Coalition, said it's time policymakers rethink a housing subsidy for people who don't need it. Clint Stretch, director of tax policy for Deloitte Tax, calculated ameriquest mortgage national nhra housing gets more expensive, for example, for a family carrying a $500,000 mortgage and earning income in the 25 percent tax bracket. The proposal would take away $4,400 of the
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