Congress set to expand homebuyer tax credit
November 5th, 2009
By Associated Press Writer Stephen Ohlemacher, Associated Press Writer.
WASHINGTON – Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper.
First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the end of November, the Senate voted Wednesday to extend and expand the tax credit to include many buyers who already own homes. The House is scheduled to vote on the bill Thursday.
The rest of the article is located at:http://news.yahoo.com/s/ap/us_homebuyers_tax_credit
