Homebuyer Tax Credit Extended and Expanded | Wise Bread

The lower-end market is hot due to lower capital requirements and the availability of near-prime rates even for FHA loan participants. Another mini-bubble if you question me (well at least in SoCal). …

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Homebuyer Tax Credit Extended and Expanded | Wise Bread

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    Related results on Homebuyer Tax Credit Extended and Expanded | Wise Bread

    1. With eased credit and lowered interest rates, homeowners piled on the debt and often used second mortgages and home equity loans to do it. The tax break from borrowing here was a real incentive to pile on the debt. ..... Government has largely expanded in response to the efforts of the well-to-do and their lobbyists to add government outsourced and in house programs and enlarge certain budgets so as to enable them to better loot our government in more and different ways. ...

    1. Whether it is morally right, or policy-wise right is another thing, but the DOJ lawyer must focus only on the legal aspects according to the constitution. Unfortunately, DOJ is now manned by politically biased far-left wackos, like you. Just a couple of examples: ..... ?Still, the big unknown is whether home sales will continue to increase when the homebuyer tax credit expires and the Federal Reserve stops purchasing mortgage-backed securities.? ...

    1. No, but I am ready to get one. No, I have my credit cards. Do you have and maintain a monthly ?balanced? budget? Government answer: NO! Who needs a ?balanced? budget when using tax payer money? Yes, and it helps me stay focused! ..... I kinda tie the two together (government and personal) when I did my guest post on Wise Bread. http://www.wisebread.com/the-us-government-wants-you-in-debt. Keep in mind some of the government policies incentivize taking on debt. ...