home buying

New 'HomeCard' helps consumers save for a down payment

December 28, 2009 - 4:52pm | News | Plastic cards

The HomeCard™, which can help potential home buyers save for their down payments, has been introduced by The HomeCard Company, Inc., and will be available to consumers in early 2010.
With the HomeCard, consumers can earn up to 25% cash-back on everyday purchases which can be deposited into an interest bearing FDIC insured savings account to help speed savings for down payments or to fund home repairs.

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Up to $15,000 tax credits may boost house sales up to 40%?

June 22, 2009 - 8:25am | Law aspects | News

The rise of a tax credit from the present $8,000 to $15,000 for first time-time home purchasers is being called by lawmakers and businesses. In their view, this would positively affect the sale of houses and result in higher sales as up to 40% of house purchases are made by first-time home purchasers according to the National Association of Realtors.

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