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Blog entries tagged with "economic stimulus package":
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The U.S. Treasury began to send more than $100 BILLION in tax rebate checks out this week, rather than waiting until early May, as they had previously planned. The amount of the rebates will be up to $600 for an individual, $1200 for a couple, and an additional $300 for each … (15 comments)
I just read a very interesting article on Yahoo! News. As many of you know the rebate check will be sent out starting May 9th.
Starting April 29, 2008 an estimated 130 million U.S. families and individuals will be getting tax rebate checks from the Internal Revenue Service (IRS). 
Basic Information on the Stimulus PaymentsYou've heard about it. Now find out how to get yours.What is it? It's an economic stimulus payment that more than 130 million households will receive starting in May. It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you … (1 comments)
ECONOMIC STIMULUS: Pursuant to the Economic Stimulus Act of 2008, individuals filing 2007 tax returns may be receiving a stimulus payment. The rebate payments are set at $600 per individual with an additional $300 per qualifying child under the age of 17. If your single and make more than $75,000 or … (1 comments)
The Big Weekend
Single Family Home sales are way up in Mililani Mauka, recovering from a lull in sales volume and a drop in price earlier this year. The table below shows 14 homes sold in Mauka with an average sales price of $679,350. These numbers, when compared to January and February, represent … (2 comments)
During this time of economic uncertainty, a lot of potential homebuyers are beginning to waver. They want to buy a home and, in some cases, they've found the perfect home; but, they just can't sign on the dotted line. Well, I have news for the wavering homebuyer. While you are going … (0 comments)
Last month, President Bush signed the Economic Stimulus Package into law - setting aside $168 billion in tax rebates and incentives to help boost the US economy. As we head into spring, those tax rebates are getting ready to hit the mail. So when should you expect yours? That depends on … (5 comments)
Conforming Home Loan Limits in Orange County, California have temporarily increased from: 
The increased loan limits for FHA that were included in the Economic Stimulus package are set to expire at the end of the year. NAR supports an FHA Reform Bill that includes realistic and permanent increases in the loan limits. 
As some of you may know, the conforming loan limit for Santa Barbara County was going to be raised as part of the Economic Stimulus Package. It was only going to be raised to $587,500 because the median price for the county was being severely affected by the lower home prices … (2 comments)
With the continuing news that the economy maybe slipping into a recession or currently is in a recession, it is time for consumers to seriously consider the reality of the current economic crises. Fed chairman, Ben Bernanke, has a grim outlook on the economy and continues to cut interest rates in … (2 comments)
The Economic Stimulus Package was signed into law on February 13, 2008. In addition to several other benefits, it provides temporary loan limit increases for some high-cost areas for Fannie Mae & Freddie Mac loans and potentially all areas for FHA loans.
On February 13th, President Bush signed the Economic Stimulus Bill into law. There has been a lot of confusion as to the details with the most critical question what will the new conforming loan amount be?
Besides the $729K loan limit - there are some great incentives for businesses, from the IRS Newswire:2008 Economic Stimulus Act Provides Tax Benefits to BusinessesWASHINGTON — In addition to providing stimulus payments to individuals, the Economic Stimulus Act of 2008 provides incentives to businesses. These incentives include a special 50-percent depreciation … (0 comments)
There are several changes and additions to the tax code for 2007 filings. As we know, the Senate passed an economic stimulus package last week. The high point of the deal is a special, one time payment to American taxpayers. Individuals making less than $75,000 per year and couples making less … (0 comments)
With the economic stimulus package being recently passed it has raised many questions by consumers and real estate professionals alike. Economic Stimulus PackageQuestions & Answers1. What is the legislation, specifically?The stimulus package temporarily raises the maximum size of mortgages that government-sponsored mortgage companies (Fannie Mae and Freddie Mac) can buy and … (0 comments)
One of the Big Items today flowing through the grapevine is the Economic Stimulus Package, a.k.a. H.R. 5140. One of the tasty beni's coming our way is a one-time check for anywhere from $600 to $1200 in the form of an income tax rebate, distributed to 130-million Americans and could be mailed … (0 comments)
President Bush will now sign the Economic Stimulus package into law. Last week, Congress gave overwhelming final approval to the Economic Stimulus Package supported by NAR and REALTORS® across the country. As a result, the government will be sending payments to most American households and grant tax incentives for business investment.The … (6 comments)
This post was inspired by Jesse and Kathy Clifton's comment on Nicholas Goglucci's post regarding a Hezbollah leader being killed in Syria. His post appeared first on the Silent Majority Group in the ActiveRain Community.
Ok, not really.But it was valentines day and Andy wanted to try out an interesting idea. So he called me and we had an unrehearsed conversation about the Economic Stimulus Package. By the look on his face, I'd say he was shocked! : ) Here's his post: http://myeastbayagent.com/2008/02/14/call-an-expert-feb-14th-edition-mike-mueller … (1 comments)
Yesterday, President Bush signed a two-year, $168 billion economic stimulus package that includes revisions to loan limits on conventional/conforming and FHA loans in high cost areas. The new law boosts the GSE conforming limit to as much as $729,750 through the end of this year, and also raises FHA lending limits … (0 comments)
Looks like President Bush will sign the Economic Stimulus package into law. As of Last week, Congress gave the final approval to the Economic Stimulus Package. This means the government is going to send out payments to most American households and grant tax incentives for businesses. Good News for AgentsThis package also includes the requested … (10 comments)
Below is one banks email to mortgage lenders on the Economic Stimulus plan. What is important to note is that this is going to take time to implement. FHA, Fannie Mae, and Freddie Mac have to write guidelines for these new rules. Next the banks have to determine the impact these … (4 comments)
Economic Stimulus Package To Be Signed Into Law
Pasted below is a copy of an e-mail I received from our mortgage advisor today:The Economic Stimulus Package has passed the U.S. Senate and is heading to the President’s desk next week for his signature. You may or may not know, but a big piece of the package is allowing the conforming … (3 comments)
I see a glimmer of hope in this economic stimulus package that is on the verge of being passed. It brings about the best news for the housing market in some time. In addition to the tax refunds that everyone seems to be focusing on, the increase in the conforming loan … (0 comments)
I have just written to my Senators in regards to the economic stimulus package. The Senate must include new loan limits on FHA, Fannie Mae, and Freddie Mac loans. America's housing market heeds this help. As a Realtor here in Utah, this issue hits very close to home, and we need … (1 comments)
The Economic Stimulus package that was approved today by the House is now in the Senate and rumors are circulating that the Senate may remove increases in FHA and GSE loan limits. This would not be good news. I just received this from the National Association of Realtors and wanted to … (1 comments)
I don’t usually use the title of the featured article as the title for my post – but in this case I couldn’t improve on it. I am not impressed with the economic stimulus package announced to the public recently. With the cooperation of the Speaker of the House, the President plans to … (0 comments)
Is that what's next after free checks? Welcome To The New World Empire.
In the new world, all people will be given a home, free food, free health care, free retirement curtsy of the new and kind benevolent government.
In watching the MSNBC Republican debate, I just could not help think … (4 comments)
I recommend reviewing and supporting this by calling the office of Montana's Senator, Max Baucus, chairman of the Senate Finance Committee. Contact Jim Messina (202) 224-2611 (Messina is Baucus's Chief of Staff)Here is a truncated portion of the article:January 24, 2008 - The National Association of Home Builders (NAHB) took out … (4 comments)
The problem of waiting, is one of the reasons why the real estate and mortgage industry is such a shambles. If you know what the problems are, take decisive action to fix the problem. Unfortunately, too many people in government, analyst, politicians, (and news media included which exacerbate the problem and prolong the … (2 comments)