Posts Tagged ‘$8000 First Time Home Buyer Tax Credit’

Homebuyer Tax Credit Update! Read More

Yes, it is still a question as to whether or not the Congress will extend the First Time Home Buyer Tax Credit. Hopefully we will know soon. Right now, we are waiting for the House to pass something and then for a conference committee to find common ground on what, if any, extension will be coming through and then for the President to sign the new legislation. Read More

I subscribe to Barry Habib’s Mortgage Market Guide and he has often given me some insight into what is happening in the mortgage market that I was unable to find elsewhere. Today’s installment had some very interesting numbers having to do with the Stimulus Plan and the creation of jobs (and/or the saving of jobs.) It interests me that what Barry has done is break down the amount spent on job creation and saving and put a cost per job number together. Barry has often been a guest on Fox Business News Read More

I just read an interesting article by Thomas Oliver in the Atlanta Journal Constitution about how Realtors®, Mortgage Bankers and Mortgage Brokers were all in favor of extending and/or expanding the First Time Home Buyer (FTHB) Tax Credit. I agree, I think extending it is a great idea. I think expanding it might be helpful, but am concerned about the increasing cost and am withholding judgment on that one. Read More

Eugene, Springfield and Lane County First Time Home Buyers are running out of time to take advantage of the First Time Home Buyer Tax Credit of $8,000. I have said it several times, and if you don’t want to believe me, take a look at what CNN Money has to say, exactly the same thing, maybe with a bit more urgency, in their recent Special Report. Read More

I just received this from the Mortgage Market Guide and it gives a little more information about the First Time Home Buyer Tax Credit included in the Stimulus Bill that was just signed into law. There will be a lot more information coming about what parts of the bill will be the most effective in helping people get back to work and working on the consumer confidence. There will also be more information coming later about plans to help the housing industry with the foreclosure problem. Read More