Archive for February, 2009
Economic Stimulus Plan Benefits the Housing and Mortgage Industries
Just signed and sealed this past week…a $787 Billion Stimulus Plan made up of tax cuts and spending programs aims at reviving the US economy. Although the package was scaled down from nearly $1 Trillion, it still stands as the largest anti-recession effort since World War II.
Home owners and potential homebuyers stand to gain from […]
Senate Approves up to $15,000 Credit for Home Buyers
The Senate voted Wednesday night to give a tax break of up to %15,000 to homebuyers in hopes of revitalizing the housing industry. This is a big boost from the latest addition to the mammoth stimulus bill working its way through Congress.
The proposal would allow a tax credit for home buyers of 10 percent of […]
