Due to the success of the $8,000 first time home buyer tax credit Congress looks like it will extend. We should learn in the next few hours to days.

The new extention may go to spring and expire at the end of April 2010 with additional provisions to current home owners.

Rueters reports that the Obama administration is pressing Congress today to back a limited extension of the credit.

Key senators agreed this week on a proposal to extend.

So I will be watching the news wire and update when something changes.

Now if your still trying to close before the November deadline drop me a note or give me a call. With our fast underwriting we can still meet the end of November deadlines.

At your service,
Tony Grego
American Bank