Earlier this year Congress passed an Economic Stimulus Package that enhances the existing first-time home buyer tax credit that was signed back in 2008.  The core of the bill is first-time home buyer tax credit equal to $8,000.  This credit is valid for homes purchased between January 1, 2009 and December 1, 2009. This is the perfect opportunity for new home buyers to obtain their dream home while taking advantage of record low interest rates.

The program ends December 1, 2009. For further details visit www.FederalHousingTaxCredit.com.