Loan Think

What We're Hearing

The House of Representatives is debating and voting on the Economic Stimulus bill this afternoon. Early reports indicate that the $15,000 tax credit for home buyers is out the window. (I guess Congress realized that the Treasury needs the revenue.) But all is not lost: it appears that a $7,500 tax credit will survive -- but only for first-time home buyers. For updates visit: http://www.nationalmortgagenews.com/…

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