92 Days To Go until the end of the $8,000.00 tax credit for first time homebuyers. As we head into September, we have enjoyed 8 months of low mortgage interest rates, 8 months of the $8,000.00 tax credit for first time homebuyers and 8 months of house prices becoming more affordable. All year the rumors have been flying of no mortgage money being available. THIS IS NOT TRUE. All year, we have helped a large number of borrowers obtain their mortgage financing with Veterans Administration(VA), Federal Housing Administration (FHA), Rural Development (RD), Connecticut Housing Finance Authority (CHFA) and standard Conventional mortgages. The guidelines are having to be met, good credit histories have to be shown and the loans need to make sense. This is really just turning the clock back to about 2003. Most homeowners who purchased prior to 2003 had to do the same thing that borrowers are being asked to do today. It will take some more time for the market to really stabilize but it is a very active real estate market especially if you are a first time buyer. 92 Days To Go to take advantage of the $8,000.00 Housing Tax Credit!!  Since 1980, Phil Turner has helped over 10,000 clients achieve the dream of homeownership. If you are planning to buy a home, please contact Phil. You'll find his professional service and years of experience exactly what you need in Eastern Connecticut's current housing market.
Phil can be reached at McCue Mortgage, located at 8 Union Street in New London, by calling (860)444-0650 or (800)781-1180 or By EMAIL. | 
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