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Energy Tax Credit Deadline Looms

The Dec. 31 expiration of most energy tax credits is driving a mini-boom in home improvements. The federal tax credit covers 30 percent of the cost of various conservation upgrades, up to maximum of $1,500. In many states, it can be combined with state
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Senate Approves Increase in FHA Fees

Senate Approves Increase in FHA Fees The Senate on Wednesday gave the Federal Housing Administration the go-ahead to raise monthly fees that borrowers pay the agency. The annual fee is expected to raise from the current rate of 0.55 percent to 0.9 percent

Did the Housing Credit Attract New Buyers?

At least one noted economist doesn’t believe that the home buyer tax credit brought new buyers into the market. Milton Ezrati, a senior economist and market strategist at Lord Abbett, argues that the credit only encouraged buyers to rethink their