President-elect Donald Trump's tax overhaul may include capping the mortgage interest deduction, according to Treasury Secretary-designate Steve Mnuchin.

"We'll cap mortgage interest but we'll allow some deductibility," said Mnuchin in a CNBC interview Wednesday.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry