A daily journal concerning Lake Vermilion and surrounding areas
Selected real estate, notes, stories, musings, and anecdotes
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Tuesday, February 10, 2009
Stay Tuned.
Significant (real estate related) items currently included in the economic stimulus bill and financial stability plan are a $15,000 homebuyer tax credit, higher loan limits for Fannie Mae, Freddie Mac and FHA plus government spending to lower mortgage rates.
Final details will emerge for the President's consideration after a final Congressional version is negotiated in conference committee.