What is Happening in the Mortgage Market

July 1st, 2010 2:32 PM

Home Buyers’ Tax Credit Extended

Congress has sent President Obama a plan to give home buyers an extra three months to qualify for up t0 $8,000 in federal tax credits. Buyers who already have signed contracts will now have until Sept. 30 to complete their purchases. Under the current terms, buyers had until April 30 to get a signed sales contract and until June 30 to complete the sale. The House approved the measure on Tuesday. Legislation in the Senate was approved Wednesday night by unanimous consent.

Although too late to qualify for a Tax Credit now, this is a perfect time to buy a new home or refinance your existing home.   Recieve a free pre-qualification now by clicking here or calling toll Free:  866-430-7767.

Richard Woodward

Branch Manager     

 One of the Top 10 Lenders in Dallas

Posted by Richard Woodward on July 1st, 2010 2:32 PMPost a Comment (0)

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