Rates Are Down ! Interest Continues To Rise In Brooklyn!

With all the incentives in this real estate market like the $8000 Tax Credit Rebate on first-time home purchases set to expire Dec. 1  and the Mortgage Credit Certificate plan that allows eligable borrowers to deduct up to 20% of mortgage interest paid from their federal taxes at a dollar for dollar tax credit . First-time buyers  have a real edge on todays real estate market where they constitute  like 40 to 50 percent of the market right now. With prices down from the past few years and the lowest interest rates in years , now is a really  great  time buy real estate .

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