As most are very well aware the current mortgage interest rates are artificially low. What that means is that without pressure and actions taken by the Federal Reserve interest rates should and would be higher. Well, those actions are coming to the end. The Fed’s $300 billion mortgage securities buy back program is almost out…Read More→
The new Federal Law Regulation Z that went into effect on July 30, 2009 may add some extra time on the back-end of real estate transactions that could possibly turn what used to be 30-day closings into a 45-day bare minimum. Paraphrased, basically what this means is that lenders are now prohibited from ordering an…Read More→
Thursday, July 30 Manga and anime for teens. 6:30 to 8 p.m., Thayer Public Library, 798 Washington St., Braintree, Logan Auditorium. Discussion, showing and drawing. For more information, contact Reba Tierney, 781-848-0405, extension 4417, email@example.com. Beacon Hospice free bereavement support services. 6 to 7:30 p.m. on Thursdays. Location to be announced upon registration of the…Read More→
Monetizing the first time home buyer tax credit.
Qualifications for the $8,000 Home Buyer Tax Credit Only first-time home buyers are able to take advantage of this credit. A first-time buyer is someone who has not owned a home over the past 3 years. Here are other qualifications: * The home must be your principal residence. * Only homes purchased on or after…Read More→