During the first quarter of 2009, the first 100 days of the new President's term, you are no doubt going to hear a lot of news stories about the economic stimulus plan and the financial rescue package and their possible ramifications to the real estate and mortgage markets. You're going to see headlines about new incentives for home buyers and hear stories about 4% interest rates.
But the truth is that right now, at the time of the writing of this article, the government already has in place one of the largest tax incentives for qualifying home buyers it has ever offered - up to an $8,000 tax credit for first-time buyers, and mortgage rates are within a half a point of being the lowest they've been in our country's history.
The truth is that for those looking to buy or refinance a home in 2009, it may just be that this is your time!
Exceeding Your Expectations
Belita
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