We may soon know the outcome of the new proposed economic stimulus package; reported to cost the taxpayes another $800 billion. The first economic stimulus package (or government bailout) that passed last fall and cost the taxpayers $700 billion. Apparently, that was not enough according to the government and we need another $800 billion.
No one knows the outcome of what will happen to the economy here in the United States.
What is known, interest rates are at historic lows (in the upper 4%’s for those who qualify) which makes this an attractive time to consider buying your first home or moving up to a new home.