Posted on Thursday, 12th February 2009 by chrisjones

Most of you know there has been, for about 9 months, a $7500 tax credit for first-time homebuyers for anyone that buys a house from April 2008 to July 2009.  The new “stimulus” package currently wending its way through Congress contains a modification of that credit. The Senate version of the bill had an increase [...]

Tags: markets, stimulus, tax credit
Posted in Ask The Magician & FAQ, Blog & News, Rate Watch | Comments (0)

Posted on Tuesday, 30th September 2008 by chrisjones

Okay, so everyone’s asking what I think of the bailout. Let me get this on the record: I don’t know. The fact is, nobody knows. That’s one really, really good reason to vote “no”. Most people are a lot like me; they don’t really know what the bailout contains, so they’re generally opposed to it [...]

Tags: bailout, discipline, government, markets, mortgage industry
Posted in Blog & News | Comments (3)