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Just wait to see what happens to home sales when the credit goes bye bye in a couple months. Can't be extended because Obama is touting fiscal conservative rhetoric.
Just wait to see what happens to home sales when the credit goes bye bye in a couple months. Can't be extended because Obama is touting fiscal conservative rhetoric.
Doesn't mean it "can't" be extended , it just mean's that Congress will take a cold hard look before deciding.
It may or may not be extended - no one knows for sure. If housing looks precarious enough there'll still be pressure to renew the tax credit. It may well be a bit less though.
Doesn't mean it "can't" be extended , it just mean's that Congress will take a cold hard look before deciding.
Not with all the talk about fiscal responsibility. Probably won't be renewed as long as that promise is held against them. Can't have it both ways.
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It may or may not be extended - no one knows for sure. If housing looks precarious enough there'll still be pressure to renew the tax credit. It may well be a bit less though.
Ken
Nah, again not with the rhetoric about reigning in debt. Plus, the 1980-1981 treasuries with 12-14% rates are maturing. Not gonna happen IMO.
Here is some anecdotal evidence. Went and talked to my credit union about loans. They said that the people that were getting loans 2 years ago aren't getting loans now. This is a tightening of the credit purse. There is some indication that this is not just my credit union but that it general. The costumers couldn't get a loan anywhere. Unless the amount of new loans goes up then the economy will tank.
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