federal tax credit: Feds announced a significant increase in the amount of Mortgage Backed Securities that they intend to buy - 03/18/09 07:19 PM
3/18/09 Feds announced a significant increase in the amount of Mortgage Backed Securities that they intend to buy.  In addition to the earlier pledge to buy $500 billion between now and June, they indicated that they are intending to purchase an additional $750 billion in MBS.  Moreover, the Feds also indicated their … (2 comments)

federal tax credit: The Truth on the New Home Buyer Tax Credit (Part 2) - 03/06/09 05:50 PM
With Congress reaching agreement on a $789 billion stimulus package for Americans, the clock is ticking for this year's home buyers and homeowners. The package contains important benefits related to housing.One provision gives first-time home buyers an $8,000 tax credit provided they purchase a home between January 1, 2009 and December 1, … (0 comments)

 
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Paul Paterakis- Lake Zurich Realtor Lake Zurich, Long Grove, Hawthorn Woods, Kildeer Real Estate

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