The homebuyer’s tax credit ends April 30. Thinking of buying? Then the time to act, my friend, is RIGHT NOW!!!!

FHA announced SIGNIFICANT future modifications to its loan program, and this will affect countless thousands of home buyers. Here are the facts.

Great detailed information on the qualifications for the newly extended and expanded hombuyers Federal tax credit.

The bill primarily is concerned with extending unemployment benefits, and is currently amended to include the extension of an $8,000 tax credit for those buying their first homes as well as an $6,500 tax credit for some borrowers buying a home for a second time.

In light of the current economy, families are re-prioritizing and finding ways to do more with less. When it comes to housing, some families are also deciding that less is more.

Freddie Mac said the average rate for 30-year fixed mortgage dropped 0.21% to an average 5.38% for the week ending June 18. Mortgage rates have been on the rise in the last few weeks, so this decrease is good news for the housing industry.  Mortgage applications follow rates, and drop as rates increase.  Analysts are [...]

Check out this cool online tool – compare neighborhoods side by side and find the perfect place to call home!

Affordability, low rates, desire to buy provide hope for the U.S. housing market
Housing affordability now stands at its best level since 1971. This greater affordability helped boost home sales in February. Especially strong was the activity attributed to first-time home buyers, who represented half of new home purchasers this month. The $8,000 tax credit helped [...]

Buyers who qualify for the first-time home buyer tax credit that have already filed their tax returns can still claim their tax credit this year. They will need to file a 1040x form to amend their 2008 tax return and form 5405 to claim the credit. 
 For more information on your other filing options, visit http://www.irs.gov/newsroom/article/0,,id=205416,00.html

First-time home buyers can take advantage of FHA loans that require down payments as low as 3.5%. These loans can be a great way for first-time buyers with good, steady jobs but not a lot of cash on hand to take advantage of the numerous advantages of this buyer’s market, including record-breaking affordability and an [...]