economic stimulus act: Mortgage Rate Update - 06/19/09 03:10 AM
Karl PeidlSuperior Mortgage CorpAugusta Professional Center 854 S White Horse PikeHammonton, NJ 08037
800-706-6671 ext 4349
kpeidl@supmort.com
www.karlpeidlsmc.com
 
© Copyright 2009. All About News, Inc.
(2 comments)

economic stimulus act: Second Chance for First-Time Buyers - 04/29/09 10:28 AM
Karl PeidlSuperior Mortgage CorpAugusta Professional Center 854 S White Horse PikeHammonton, NJ 08037800-706-6671 ext 4349© Copyright 2009. All About News, Inc.
(2 comments)

economic stimulus act: Tax Credit for Homebuyers - 02/20/09 08:39 AM
 
First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction - a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income.

The tax credit starts phasing out for couples with incomes above $150,000 and single filers with incomes above $75,000. Buyers will have to repay the credit if they sell their … (4 comments)

economic stimulus act: Inside Story: New Stimulus Bill and Homeowners - 02/19/09 07:55 AM
Tax Credit for Home buyers

First-time home buyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction - a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income.
The tax credit starts phasing out for couples with incomes above $150,000 and single filers with incomes above $75,000. Buyers will have to repay … (0 comments)

economic stimulus act: FIRST-TIME HOMEBUYER TAX CREDIT UPDATE - 02/18/09 03:12 AM
FIRST-TIME HOMEBUYER TAX CREDIT 
As Modified in the American Recovery and Reinvestment Act
Major Modifications Underlined
February 2009
 
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economic stimulus act: The Economic Crisis - A Quick and Simple Explanation - 12/31/08 01:07 AM
A friend sent me a link to this video.  I am routinely asked about the economy.  How did we get into this mess?  How are we going to get out of it?  Click here to see a simple explanation.
I understand the reactions to this video could be wide-ranging depending on your political views.  I am not sharing this to spark any debates.  Just sit back, scratch your head, and share your thoughts. 
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economic stimulus act: What an Obama Administration Means to Your Mortgage - 11/24/08 02:06 AM
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economic stimulus act: Conforming Loan Limits Stay the Same - 11/11/08 06:13 AM
The Federal Housing Finance Agency (FHFA) announced that conforming loan limits for 2009 will remain at the 2008 level, except in certain high-cost areas. The good news, however, is that mortgage interest rates have remained favorable as well. Combine this with lower home prices and an increase in inventory in many neighborhoods, and today's real estate market presents a variety of great long-term opportunities. Entire neighborhoods that you may not have been able to afford in 2005 could now be open to you!  
 
Below is an excerpt from the press release, in case you would like to review it. Please … (2 comments)

 

Karl Peidl

Accredited Loan Consultant

Moorestown, NJ

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Address: 305 Harper Drive, Suite 3, Burlington County, New Jersey, Moorestown, NJ, 08057

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