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FTHB Tax Credit Passed and Expanded

FTHB Tax Credit Passed and Expanded

Homebuyer Tax Credit Update! Things changed today for Oregon First Time Home Buyers and also for those looking to move up (or down) in home size.  President Obama signed a bill today (Nov. 6, 2009) to extend the tax credit for first-time … Read More

Maryland $8000 Home Buyer Tax Credit Extended

Maryland $8000 Home Buyer Tax Credit Extended

The U.S. Senate & House have passed legislation to extend the Maryland $8,000 home buyer tax credit to May 1, 2010, for first-time buyers AND add a $6,500 tax credit for the existing homeowner if they’ve lived in their home for … Read More

Employment-Population Ratio, Record Part Time Workers, Weak Holiday Hiring

Employment-Population Ratio, Record Part Time Workers, Weak Holiday Hiring

The [un]employment report headline numbers were ugly, but the internals are even less encouraging … Employment-Population Ratio Click on graph for larger image in new window. This graph shows the employment-population ratio; this is the ratio of employed Americans to … Read More

Ten Spectacular Tips for Getting Started in the Kitchen

Ten Spectacular Tips for Getting Started in the Kitchen

I love cooking at home. I used to hate cooking at home, though. I was awful at it. I burnt things. I messed up scrambled eggs beyond all recognition. But over time, I got better at it. I started figuring … Read More

Employment Report: 190K Jobs Lost, 10.2% Unemployment Rate

Employment Report: 190K Jobs Lost, 10.2% Unemployment Rate

From the BLS : The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported today. The largest job losses over the month were in … Read More

Florida Home Buyer Tax Credit Extension makes it through Congress

Florida Home Buyer Tax Credit Extension makes it through Congress

Congress both extended and expanded the First-Time Home Buyer Tax Credit program Thursday. The White House says the President will sign it into law today. The up-to-$8000 tax credit’s expiration date has been pushed forward to spring, requiring homebuyers to … Read More

Is an interest-only loan safe these days?

Is an interest-only loan safe these days?

Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions… Debra in Irvine asks: Q. My husband and I are … Read More

Employment Report Preview

Employment Report Preview

See the poll in the right sidebar … Catherine Rampell at the NY Times Economix offers a Jobs Report Preview Ms. Rampell suggests three things to look for: 1) The unemployment rate may hit 10 percent. … 2) Job losses … Read More

House votes to expand home buyers’ tax credit in New Jersey and across the country!

House votes to expand home buyers’ tax credit in New Jersey and across the country!

House votes to expand home buyers’ tax credit hoping to stimulate the housing market even more in New Jersey and across the country. Congress gave final approval Thursday to support the housing market by extending and expanding the First Time … Read More

Report: Pre-Retirees in Denial on Savings

Report: Pre-Retirees in Denial on Savings

From CNBC: Boomers in Denial About Retirement Savings Wells Fargo just released the results of its Retirement Fitness survey and looked hard at the investment habits of pre-retirees ages 50 to 59. What did they find? “There is a sense … Read More