Aug19
Filed Under: Chicago mortgage loans, Denver home mortgage, Mortgage bad credit no deposit by:
Congress Extends/Expands Home Buyer Tax Credit
Congress has approved a bill that will not only extend the First Time Home Buyer Tax Credit but will also expand the credit to allow current home owners to receive a tax credit if they purchase a home. The housing market has shown signs of improving over the past several months in large part as a result of the tax credit for first time buyers. Over the past several months, first time home buyers have accounted for up to half of all sales.
According to Freddie Mac, mortgage rates fell again this week with a 30-year fixed rate mortgage now at an average 4.95%.
If you are having trouble paying your current mortgage, or if you think you are not getting the best deal possible, then perhaps it is time to think about a remortgage. However, many people are uncertain about the relative benefits and problems of a remortgage. Here are some tips to help you decide if remortgaging is right for you:
