Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use
ARCHIVED BLOG POSTS
FHA ANNOUNCES CONSUMERS CAN USE THE $8000 TAX CREDIT FOR DOWN PAYMENT Consumers across the country are now being told they can take advantage of a Federal Housing Administration program to allow qualified home buyers to apply the $8,000 tax credit when purchasing a home. FHA has said it will now...
We've been receiving calls all day about the "announced" ability to use the $8000 first-time homebuyer tax credit FOR DOWN PAYMENT. " HOLD YOUR HORSES... it doesn't exist.... YET! HUD Secretary Donovan appeared at a NAR function earlier today, and this is an exact excerpt of his remarks: "We all...