Interest rates have changed on the Missouri Housing Development Commission bond program as of the new issue for 11/20/08, another important change is that this is a taxable bond issue what that means is that there is not the potential for a recapture tax on this issue. This being a taxable issue also means that this option can be utilized and the first time home buyer could potentially take advantage of the tax credit that is available for first time home buyers when completion of the 2008 taxes.
This is a change and as this program continues to change in the future you can subscribe to this blog to keep up to date on the most recent changes that are availalbe for the state of Missouri.
Comments(0)