Random News: $8,000 Homebuyer Tax Credit, DollarSavingsDirect 3.02% APY and DTV Delay

Posted by Sun on February 4, 2009 (5) Comment

Another piece of good news for first-time home buyers from Washington.
U.S. Senate on Wednesday approved a provision that will first-time give homebuyers up to $15,000 tax credit as part of the stimulus plan sought by President Obama. According to an article on NYT, the measure
would give buyers a tax credit of 10 percent of the [...]

Categories : Personal finance Tags:

Home Prices Kept Falling – Chart of the Day

Posted by Sun on December 30, 2008 (5) Comment

Has the housing market bottomed?
It doesn’t look like so, at least not from what we can see from the S&P/Case-Shiller Index. Standard & Poors today leased its S&P/Case-Shiller Home Price Index for October 2008 which shows a 18% plunge of U.S. residential home prices in the past 12 months.

The index has fallen every month since [...]

Categories : Charts Tags:
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