Let's talk real estate

April 7th, 2010 7:34 AM

The FEDS have given us ample opportunities to save thousands in the process of buying a home. They purchased mortgage backed securities to reduce and keep interest rates down. Not only have they stopped making purchases, they have started selling some of their holdings. Interest rates are climbing already. They are expected to go higher.

Tax credits are available on home purchases under contract by April 30,2010. The purchase must close by June 30, 2010 to qualify for the credit.  April 30 is only a few days away.There are exceptions to these time frames for some military buyers.

Posted by The Bobby Dean Team on April 7th, 2010 7:34 AMPost a Comment (0)
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