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Home Buyer Tax Credit 2009

Predictions on Future Mortgage Rates

by John TayebDecember 6, 2009 commercial real estate

What will happen to mortgage rates if the Federal Reserve stops buying mortgage-backed securities next March? If and when that program ends, mortgage rates will rise, but most financial observers say it is very likely they won’t skyrocket. Keith Gumbinger, a vice president at financial publishers HSH Associates, predicts that the end of Fed intervention [...]

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Pending Sales of U.S. Existing Homes Rose in October

by John TayebDecember 1, 2009 general

The number of contracts to buy U.S. previously owned homes unexpectedly rose in October as consumers rushed to take advantage of a tax credit that was due to expire. The index of signed purchase agreements, or pending home sales, climbed 3.7 percent to 114.1 after increasing 6 percent in September, the National Association of Realtors [...]

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Tax Credit Quandaries Answered

by Tayeb Realty GroupNovember 28, 2009 general

The complexity of new home buyer tax credits leaves potential buyers with many questions. Here are answers to some of the most confusing: How does a current home owner qualify for the $6,500 credit? Buyers must have lived in their homes for at least five out of the last eight years. The home they buy [...]

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2009 First-Time Home Buyer Tax Credit

by John TayebNovember 11, 2009 Home Buyer Tax Credit 2009

Bringing the Dream of Homeownership Within Reach As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time home buyers. Here is more information about how the 2009 First-Time Home Buyer Tax [...]

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THE BASICS: Extended Home Buyer Tax Credit 2009/2010

by John TayebNovember 11, 2009 Home Buyer Tax Credit 2009

Bringing the Dream of Homeownership Within Reach As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that: Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. Expands the credit to [...]

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