$15,000 Homebuyer Tax Credit Cut – Update Feb 12, 2009

Santa Barbara Real Estate Voice As reported by Inman News: $15,000 Homebuyer Tax Credit Cut, Conforming Loan Limits Restored “A proposal to provide a $15,000 tax credit to homebuyers was stripped from a $789 billion economic stimulus package that appears headed for a vote Friday, but a restoration of higher loan limits for Fannie Mae, Freddie Mac and FHA loan guarantee programs appears to have made the cut.” “According to a summary of the compromise bill released by lawmakers Thursday, the tax credit will still be available only... Continue Reading >