tax credit: Legislation introduced to keep tax credit alive
- 09/28/09 01:47 AM
I found this article in Sunday's San Diego Union Tribune Legislation introduced to keep tax credit alive By Kenneth R. Harney 2:00 a.m. September 27, 2009 WASHINGTON - Will Congress extend the wildly popular $8,000 home-buyer tax credit beyond its Dec. 1 expiration date? That's a question generating huge pressure on Capitol Hill, from would-be buyers who haven't found the right house to realty agents, builders, lenders and squads of lobbyists working on their behalf. But here's the first hint of an answer: On Sept. 17, the leadership of Congress' primary tax legislative committee introduced a tax credit bill that's likely … (7 comments)
tax credit: Bill Ladewig's PM Market Brief
- 05/18/09 10:19 AM
May 18 , 2009, 1:32 AM PST National Average Fixed Rate Mortgage Down 1.0 basis point to 4.89% on 05-18-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities (MBS) Up 2.5 basis points to 4.360% Lock Advice: Float Rates moved in a narrow band for the past two weeks and the last small upswing has topped and is pointed down. DJI Stocks Closed 8,504.08 +235.44 +2.85% European and Asian Markets Up 1.42% 10 Year Treasury currently 3.23% Nymex Crude Oil $59.03 barrel, Up $2.69 http://www.yourfhaguru.com Your source for current Lending news and information $8,000 Tax Credit Advance ON HOLDSources … (0 comments)
tax credit: LOCK... LOCK... LOCK
- 09/17/08 01:53 AM
Wednesday, Sept. 17, 2008 Mortgage rates sharply higher this morning..ADVICE: LOCK IMMEDIATELYThis morning, Fannie Mae MBS Rates suffered the largest single day increase in over a year, 42.9 bps. My best advice is to lock as soon as possible in this uncertain market. FNMA 30Yr Mortgage Backed Securities (MBS) Up 42.9 basis points* to 5.679%. 10 Year T-Bill up 9 basis points to 3.40% DJI Stocks opened Down 20 at 6:30 AM PST. Crude Oil is currently $93.77 per barrel. * One Basis Point is 1/100 of a percent. FHA-VA Qualifier and Rate Finder Qualifies, Finds Rates, Loan Amounts, Closing Costs for: … (4 comments)
tax credit: How to Apply for $7,500 First Time Buyer Tax Credit
- 09/15/08 01:35 AM
How do I claim the tax credit? Do I need to complete a form or application?Participating in the tax credit program is easy. You claim the tax credit on your federal income tax return. No other applications or forms are required. No pre-approval is necessary; however, prospective home buyers will want to be sure they qualify for the credit under the income limits and first-time home buyer tests. (see below) What is the definition of a first-time home buyer?The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the … (4 comments)
tax credit: Ladewig's AM Market Brief
- 08/26/08 04:54 AM
Mortgage Rates Down slightly this morningADVICE: Lock Rates on today's down tick.MBS yields are at the bottom of established trading trend so the probability of rates increasing is high. FNMA 30Yr Mortgage Backed Securities (MBS) down 6.4 basis points to 6.179%. A Basis Point is 1/100 of a percent. 10 Year T-Bill down 3 basis pts to 3.80% DJI Stocks down 28 in early trading. Crude Oil currently up at $116.15 per barrel Reverse Mortgage Broker Fee in Dispute 2008 Housing Bill eliminates 25% Fee to Brokers Not approved by FHA 10 Ways to Avoid A Closing Nightmare An easy … (0 comments)
tax credit: Ladewig's AM Market Brief
- 08/22/08 04:48 AM
Mortgage Rates UP this morningADVICE: Lock RatesYesterday, MBS yields bounced off the bottom of established trading pattern so risk is to the upside for the time being. FNMA 30Yr Mortgage Backed Securities (MBS) up 12.3 basis points to 6.250%. A Basis Point is 1/100 of a percent. 10 Year T-Bill up 7 basis pts to 3.86%. DJI Stocks up 129 in early trading. Crude Oil rose $1.47 to $118.67 per barrel Reverse Mortgage Broker Fee in Dispute 2008 Housing Bill eliminates 25% Fee to Brokers Not approved by FHA 10 Ways to Avoid A Closing Nightmare An easy list that … (0 comments)
tax credit: 2008 Tax Credit revisited
- 08/06/08 04:49 AM
I know there have been several blogs posted concerning the 2008 Housing Bill Tax Credit. I like this one because it is an easy reference. … (3 comments)
I found this article in Sunday's San Diego Union Tribune
;)
;)
;)
