With interest rates dipping as low as 4.25% to 4.75% on a 30 year fixed, the tax credit gone should not make much of a difference in the minds of home-buyers. However, that has not been the case. So far the mortgage application volumes since the tax credit ending has been very low. Most borrowers [...]
Full Story »I am sure in no time the real estate industry will be on the evening news again and not in a good way. Consumers will again have a legitimate gripe from getting bad advice from their real estate professional. Some real estate professionals were giving customers advice on the $8,000.00 first time home buyer tax [...]
Full Story »The $8,000 first time homebuyer tax credit of 2009 has been extended until April 30th, 2010. By the deadline you must be in a written binding contract, but will have until July 1st, 2010 to actually close on a home. A first time homebuyer is someone who has not owned a home in the last [...]
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