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Category Archives: Tax Credits
Existing Home Sales Plummet. The Reason is Simple.
Just one month after from blowing away Wall Street, December’s Existing Home Sales hit the skids, shedding nearly 17 percent and falling to a 4-month low. Don’t be alarmed, though. The plunge was expected. And not just because Pending Home … Continue reading
Posted in Housing Trends, Tax Credits
Tagged chandler, Existing Home Sales, First Time Homebuyer Tax Credit, Gilbert, mesa, phoenix, Scottsdale, Tax Credit, tempe
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What’s Ahead For Mortgage Rates This Week : November 9, 2009
Mortgage markets were extremely volatile last week, carving out a wide range between Monday and Friday. Thankfully for rate shoppers, the overall momentum was positive. Mortgage rates fell for the second time in as many weeks. Rates still sit higher versus … Continue reading
Posted in Fed, Mortgage Rates, Tax Credits, Uncategorized
Tagged Home Loan Interest Rates, interest rates, Mortgage Rates
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Congress Expands And Extends The First-Time Home Buyer Tax Credit
Congress both extended and expanded the First-Time Home Buyer Tax Credit program Thursday. The President signed it into law today. The up-to-$8000 tax credit’s expiration date has been pushed forward to spring, requiring homebuyers to be under contract by April 30, 2010, … Continue reading
Posted in Economy, Housing Trends, Tax Credits
Tagged First Time Homebuyer Tax Credit, Tax Credit
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To Use The $8,000 First-Time Home Buyer Tax Credit Program, There’s Now Just 6 Weeks To Find A Home
If you plan to use the First-Time Home Buyer Tax Credit program, time is running out. The program expires November 30, 2009 and closing on a home can take up to 60 days. That leaves you 6 weeks from today … Continue reading
The First-Time Home Buyer Tax Credit : Use It By December 1, 2009 Or Lose It
The government’s First-Time Home Buyer Tax Credit expires December 1, 2009. If you expect to use the program in conjunction with a home purchase, therefore, you may want to consider yourself officially “on the clock”. Assuming a 60-day window between contract … Continue reading
