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Thursday, April 29, 2010
Home Buyer Tax Credit Ends Tomorrow
The home buyer tax credit ends tomorrow. Many thought that the tax credit would be extended. Unfortunately, it was not. Home buyers have been rushing to beat the dead line in hopes of receiving a $8,000 tax credit. Some experts believe that home prices will drop without the tax credit. Additionally, rising mortgage rates may also negatively affect the housing market as well. In all, home prices are still relatively low compared to the last 5 years and mortgage rats are still at all times lows.
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About Me
I'm a licensed mortgage professional that has been helping borrowers for the past 8 years refinance and obtain mortgages for new homes. I enjoy providing helpful mortgage information to people interested in financing their home. Feel free to contact me with any questions about your mortgage situation.
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