Currently set to expire in fourteen week on November 30, the first-time homebuyer’s credit is looking likely to be extended. The Washington Post reports that multiple bills are being presented in Congress that will not only extend the first-time homebuyers credit, but also one that will increase it to $15,000.
Check out the story here: First-Time Home Buyers in Limbo As Congress Weighs Credit Extension
Speaking of extending government programs today I heard on NPR that the very popular Cash for Clunkers program, scheduled to terminate at 8:00 PM this evening has now been extend to 12:00 PM tomorrow. Apparently the government’s C.A.R.S systems are overloaded due to all the rebate forms being filed today.
buygold
Hey Commercial, you wrote a note dismissing gold back in Aug, 2009, (with gold hovering about $900/oz) and a few times since then. I normally look forward to your posts, which haven’t been frequent lately. But, how’s that paper working out for you? Good news is, they’re printing trillions more by the day.
Enquiring minds want to know.