Home Buying Blogs - Page 7

If you've ever thought you'd like to rewrite the tax code or share your opinion on taxes with the IRS, here's your chance.

The Internal Revenue Service seeks volunteers for its Taxpayer Advisory Panel. TAP provides feedback to the Treasury Department, the IRS and the National Taxpayer Advocate, an…

Existing home sales rose by 5.1 percent in February as compared with January, announced the National Association of Realtors this morning.

But they fell 4.6 percent from February 2008.

The median home price fell to $165,400, down from $195,800 a year earlier. NAR's chief economist, Lawrence Yun…

Welcome back to the Ilyce Glink Show. Once again, it's been an interesting week:

Here's the updated FAQ from the White House on the Modification program under the new Making Home Affordable program. For more information, check out MakingHomeAffordable.gov.

HOME AFFORDABLE MODIFICATIONS

Q: Can Making Home Affordable help me if my loan is not owned or securitized by Fannie Mae or…

Along with the launch of the MakingHomesAffordable.gov website, the White House released an updated FAQ about the refinancing and modification programs. Here's the refinance FAQ. I'll post the modification FAQ next.

BORROWER FREQUENTLY ASKED QUESTIONS UPDATED MARCH 18, 2009

What is “Making Home…

The IRS issued guidance on how to make the best use of the $8,000 first-time home buyer tax credit. This tax credit, which is available to first-time home buyers who purchase a home before December 1, 2009, can be taken on your 2008 or 2009 federal income tax return. But you'll get the money faster if you file for it on your 2008 federal income tax return. Here are some strategies to get your $8,000 tax credit faster.

A reader sent me this question this week:

Q: I have a growing concern that the Obama administration will seize all 401(k) accounts as a "fix" for social security. The Democrats in Congress were talking about doing this as recently as October, 2008. Am I being paranoid? What do you think? Should I be…

Sandra F. Braunstein, Director, Division of Consumer and Community Affairs, Federal Reserve Mortgage lending reform Before the Subcommittee on Financial Institutions and Consumer Credit, Committee on Financial Services, U.S House of Representatives, Washington, D.C. March 11, 2009

Chairman Gutierrez…

As you can tell, there's a lot of exciting things going on at ThinkGlink.com!

Today, we launched the new redesign of ThinkGlink.com. Sure, we've got a fancy new logo and pretty colors, but this redesign is really all about making the thousands of pieces of content easier for you to find. We have…

Sub-prime mortgages issued between 2001 and 2006 did not achieve the goal of increased home ownership, a recently released study finds.

The number of sub-prime mortgages terminated between 2001 and 2006 was higher than the number of first time home buyers who applied for them during that time frame…