Buying a Home in Time to Get Credit

House hunting usually slows down this time of year, as people put their searches on hold during the holidays. This winter could be different, however, thanks to the extension — and expansion — of the first-time home-buyer tax credit. “We’re going to see far more interest in the fourth quarter than we generally do because [...]

Home Buyer Credit Gets New Life

Senate negotiators reached a tentative deal to extend a tax credit for first-time home buyers, but its passage remains uncertain. The agreement would extend the existing credit for first-time home buyers, worth up to $8,000, while offering a new credit of up to $6,500 for some existing homeowners, Senate aides said. The reduced credit would [...]