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Question: Home loan advice maybe?

My husband and I are looking into getting our first house in the next couple months. We just moved to a new city, and he already has a job, and I’ll be getting an RN job next month (fingers crossed). We both have credit scores in the 700′s. Is it true banks want you to be at your current job for a year before they will approve a home loan? What perks (as far as down payments) are out there for first time home buyers? Is it also true the $8,000 tax credit has been extended to June?

Answer: No, you don’t have to be at your job for a year before you can get a mortgage. You can be new on the job as long as you have a good job history behind it, preferably in the same industry. To use you as an example, once you get your RN job, you can use that as long as you have a history in that field. If your previous job was in the nursing field and you had a 2 year history at it, or if you went to school previous to this job to gain your degree in the field you can count that, too.

The tax credit has been extended – you just have to be in contract by April 1st and close by June. Below is a great link with tons of details about the tax credit.

As for a perks for first timers, check with the local housing authority in the city you want to buy. Or check the city’s website. They will usually have tons of info on programs specific to the area.

Best of luck!

What will 2010′s economy look like? We asked the experts

It’s probably safe to say most people weren’t sorry to see 2009 go. The drumbeat of bad economic news has grown tiresome for just about everybody. Whether the beating will continue this year is hard to say. There are an awful lot of unknowns, including major regulatory moves that could completely reshape various industries.

Sen. Isakson Warns Of ‘Dramatic And Awful Situation’ If Housing Tax Credit Not Extended

Question: Extending $7,500 tax credit for first-time home buyers?

Does anyone know if there are plans to extend or expand the $7,500 tax credit for first-time home buyers in President Obama’s current stimulus plan being considered by Congress? I’m a prospective first-time home buyer with a steady job and excellent credit but there is no way I would be able to come up with a 20% down payment before my chance to benefit from the original tax credit expires on July1, 2009.

Answer: 1 Check with a loan officer. Depending on a lot of variables, but a huge number of first time home buyers would be better off getting an FHA mortgage and it only requires 3.5% down. You could get the low interest rates that are available now and the low prices that are available now and also qualify for this tax credit.

Under current law you do have to pay that $7500 tax credit back at $500 per year. It is essentially a 15 year interest free loan.

Home prices rise again in October

Home prices rose for the fifth month in a row in October, but the recovery is shaky with only 11 of the 20 metro areas tracked showing gains.

Let’s BUG Congress – Extend & Expand the Tax Credit Please!

Having thicker and longer lashes is every girl’s dream. This dream can become a reality with the popular eyelash extension. If you plan to have the eyelash extension procedure done to you, you have two options: do it yourself or go to a professional eyelash extension technician.

Which one is a better option? Would you rather do it yourself or would you rather go to a salon or beauty centre and let the eyelash extension technician to do the procedure for you? Here we will look at the advantages and disadvantages of both options to help you decide:

If you do it yourself, you will save a lot of money. A do it yourself eyelash extension kit can cost up to $50 only compared to a salon price of up to $300. If you are on a budget and want to save money, do it yourself option is good for you. But if you just have the money, then you can go to a professional eyelash extension technician.

Safety should be prioritised at all times. Eyelash extension is a practically safe procedure when done by someone who has trained to do it. Eyelash extension involves the use of glue which can irritate the skin. This glue should not touch the skin and only the lashes. In terms of safety, a good option is to go to a certified and professional eyelash extension technician. Unless you have trained yourself or you have done it many times already, there is no better way to ensure safety than go to a professional. If you are confident that you can really do it safely on your own, then you can just buy an eyelash extension kit and do it yourself.

The two things at stake when deciding whether to do eyelash extension yourself or go to professional eyelash extension technician are cost and safety. You should weigh which one is more important to you. You save money if you do it yourself but you are safer in the hands of a professional.

The decision is still yours. If you prioritise cost, a good advice for you is to learn about eyelash extension to ensure that you are able to do it properly. If you prioritise safety, it is a good thing to look for several eyelash extension centres and compare their prices first. This way, you will be able to find one that offers eyelash extension at the lowest price.

HUFFPOST HILL – JUNE 8TH, 2010

What’s Your Reaction? The Senate had a week to prepare for today’s session and it still manged to screw the pooch.

Episode 137 – Give Me a Little Tax Credit – 2008

According to recently released China’s auto exports in the first half semi-annual report, China’s auto exports situation is grim, car exports from high-speed growth is beginning to change to a negative growth trend, increasing uncertainty about the future. The global economic crisis to make the world a change in the pattern of the automobile industry, but also bring opportunities to the Chinese auto companies.

Auto exports at home and abroad the situation is completely different
At present, China’s auto market development at home and abroad the situation is dangerous and opportunities. On the one hand, in the State encourages automobile production, the promotion of policies driven by car sales, the domestic auto market has shown a steady upward trend in June 2009, the domestic automobile production and sales were 1.153 million to complete, and 1.142 million, has the fourth consecutive month 1 million level; in the first half sales reached 6 million, growth rate of more than 15%.

But at the same automobile export situation is still severe, the economic crisis caused by shrinkage of the international automobile market is still not effectively improve the car business is very difficult to open up overseas markets.

From the official statistics show that in first half of 2009, China exported 158,000 complete vehicles, compared with 5.8% decrease over the same period in 2008; export value of 2.33 billion U.S. dollars, down 50.4%. The various models of export volume in 2008 compared with the large drop in both.

From the data perspective, China’s auto exports went through five consecutive years of sustained growth in the third quarter of 2008 began to decline markedly in the second quarter than in the past export volume by 13.6%, export value fell by 6.7%; the fourth quarter export data continues this trend, and the fall rate of more pronounced.

Automobile export enterprises are facing difficulties

China’s auto exports face enormous pressures from the shortage of funds in foreign distributors, the main exporting countries increased trade barriers and price competitiveness, weakening external environment, such as multi-layer negative factors.

In the depressed international automobile market demand, trade protectionism has begun major export markets, the rise of trade frictions increase, leading to frequent disruption of China’s automobile exports. In addition, the RMB against the major export destination for Chinese companies to exchange rate fluctuations caused great cost pressure and weakened the price of China’s auto exports more competitive.

The risks and opportunities for export enterprises

The global economic crisis is not only a blow to China’s auto companies, but also the pattern of the world automobile industry has changed. China’s automobile export enterprises to go abroad should stick to the development of strategies for long-term development, in the grim situation was found to take advantage of opportunities.

The year Madison discovered it was no longer recession proof

As Madison rang in 2009, still giddy from the election of President Barack Obama, there was optimism the city could somehow avoid the economic fallout from the great recession.

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