The Senate has done their part in a 85-2 vote to move the tax credit forward. Now, Obama can put his blessing on the bill this week or next and it'll be official. This makes it a farely certain deal … [Read more...]
Tax Credit Will NOT Be Available for Downpayment
$8000 FTHB Tax Credit Cannot be used For Downpayment As of Today The SECRETARY of HUD made an announcement Monday and a HUD/FHA letter was published on the website Monday night stating the the $8000 … [Read more...]
No Payment for 2 Months After Purchasing a Home or Refinancing
There are a number of ways that you can structure or plan a closing so that you can maximize your specific needs when financing a home today. Assuming you have a choice on your closing day, here are … [Read more...]
Lowest Interest Rate In History…30 year fixed
What is the standard for the lowest interest rate in history?Freddie Mac, one of the governing bodies of home loans in America, reported that their survey on rates goes back as far as 1971, and 4.78% … [Read more...]
First Time Home Buyer Tax Credit
The First Time Home Buyer Tax Credit Basics This is a dollar for dollar credit you get on your taxes at the end of the tax season the year you buy your first home. Dollar for dollar means, there is … [Read more...]
