Will the $8000 tax credit be extended? It is quite possible that it could not only be extended, but also expanded. There is at least one proposal making its way through the legislative process that would extend the 8000 tax credit to all home buyers (not just first time home buyers) and also make it $15,000 rather than $8000. Click Here for the Latest Loan Rates» The piece of legislation is called the Home Ownership Moves The Economy ACT and is officially known as  HR 2801. Even though … [Read more...]