economic stimulus: Economic Stimulus Plan Benefits the Housing and Mortgage Industries
- 03/25/09 07:02 AM
Signed and sealed on February 17, 2009....a $787 billion stimulus plan made up of tax cuts and spending programs aims at reviving the US economy. Although the package was scaled down from nearly $1 trillion, it still stands as the largest anti-recession effort since World War II. Home Owners and potential homebuyers stand to gain from key provisions in this stimulus plan. Here are some of the current facts: 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 (0 comments)