Friday, October 9, 2009

Good News for Home Owners

When Stimulus Bill details are released a $8,000 tax credit to first time buyers will probably be included. Opinion about the effect of the tax credit among real estate professionals is pretty much unanimous: it should push a big wave of buyers off the fence to take advantage of not only the tax credit, but low prices and low interest rates as well.

The housing market led us into the recession, and the government is doing what it can to have housing lead us back out.

Click here to see all mortgage rates as they began the week of February 9.

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