Senators agree to extend $8,000 housing tax credit for first-time buyers

October 29, 2009 Senators agreed Wednesday to extend a popular tax credit for first-time home buyers and to offer a smaller credit to some repeat buyers. The tax credit provides up to $8,000 to first-time home buyers but is set to expire at the end of November. Senators agreed to extend the existing tax credit [...]

A primer for the first-time home buyer

Housing prices and interest rates are low, and there’s an $8,000 tax credit available for those who qualify If ever there was a great time to buy a first home, it’s now. Interest rates and housing prices are low, and the federal government is giving money to buyers in the form of an $8,000 tax [...]

The Clock is Ticking for First-Time Home Buyers

$8,000 Tax Credit is Set to Expire November 30th — Unless Congress Extends It First-time home buyers are scrambling to take advantage of an $8,000 tax credit set to expire in coming weeks, while Congress considers whether to extend the program or risk removing what may be one of the few supports underpinning the housing [...]