POSSIBLE EXTENSION AND EXPANSION ON THE FIRST TIME HOME BUYER TAX CREDIT

It looks like the senate has reached a tentative deal to extend and expand the tax credit for first-time buyers, but it still must get passed.

The agreement would extend the existing $8,000 credit for first-time buyers, and also offer a new credit of up to $6,500 for move up buyers, pending certain restrictions. Read the article posted by the Wall Street Journal.

HOME BUYER CREDIT GETS NEW LIFE

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