Thursday, June 18, 2009

President Obama and the Buyer's Tax Credit

Will President Obama extend the first time home buyer tax credit past December of this year? No one knows. The federal government has been spending money at a very high rate since the beginning of the year and there may be significant pressure NOT to extend the program. As the saying goes, strike while the iron is hot. Take advantage of this exceptional incentive now, while mortgage interest rates are low. Low rates and $8,000 in free money is a great combination!

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