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(Updated November 6, 2009) President Obama has signed a new Homebuyer Federal Tax Credit. And it's not just for first-time buyers anymore... The new legislation includes extending the First-time Buyer Tax Credit of up to $8,000 and raising the qualifying income limits to $125,000 for single taxpayers and $250,000 for joint taxpayers, up from the current $75,000 and $150,000 income limits. In addition, the legislation offers a new credit of up to $6,500 to qualifying EXISITING HOMEOWNERS who h… Continue

With rates going up and up you may want to re-run your pre-approval through your lender. If the you were on the border line with their prequal it may knock them out now with the rates the way they are right now. Need to get pre-qualified? Contact Lisa Sozio, Mortgage Consultant Wells Fargo Home Mortgage 2365 Pasqualone Blvd Bensalem, PA 19020 215-801-2949 Continue