Mortgage News

Tax Credit Extended to All through April 2010!

November 24th, 2009 6:00 PM by Anne James

A number of people are wondering if the $8000 new home buyer tax credit expiring on November 30th will be extended to all home buyers. close before  Well, Bloomberg news reports that the tax credit is extended through  through April 30th, 2010.

Income limits have increased to $125,000 per individual and $225,000 per married couple
 Current Homeowners looking for a new home could also qualify for a $6,500 credit if they have lived in their existing primary residence for at least five years.

Posted in:General
Posted by Anne James on November 24th, 2009 6:00 PM

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