Senators agree to extend homebuyer tax credit
Personally, I think the govt should do away with this program. I also think they should raise minimum FHA down payment requirements to 10%. Our government punishes savers and rewards the profligates. They should raise the interest rates so that prudent savers receive a return on their investment. Somewhere around 8 to 10 percent seems reasonable to me.
Tags: decline, foreclosures, home, homes, new, reos, sales
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