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Incentives for home ownership extended and expanded

(pressdemocrat.com)

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2009-11-28

"The Federal Reserve’s mortgage-backed securities purchase program, the first-time homebuyer tax credit and higher Fannie Mae loan limits along with record low home prices, have created a tremendous real estate market. All of these programs were set to expire soon, but for fear that their expiration would cause the real estate market to falter, the government has extended and expanded some of the these programs into 2010."

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