Stimulus Plan Includes Homebuyer Incentives

February 17, 2009 by admin · Leave a Comment
Filed under: Mortgage articles 

As the stimulus package passed the house today and headed to the senate, first-time homebuyers are poised to benefit at the bill's expected passing.

According to a summary of the bill's provisions, the bill includes an $8,000 tax credit for first-time homebuyers that will not have to be paid pack. This is an improvement over the current $7,500 tax credit approved last year, which had to be paid back gradually over a period Read more