U.S. FHA to apply $8,000 credit to home buying costs (Reuters)

May 30th, 2009 | by |

Construction workers are seen at a townhouse complex in a Denver, Colorado suburb May 16, 2008. REUTERS/Rick WilkingReuters – The Federal Housing Administration will allow the new $8,000 first-time homebuyer tax credit to be applied directly toward home purchase costs when using an FHA-insured mortgage, the Department of Housing and Urban Development said on Friday.

Source:U.S. FHA to apply $8,000 credit to home buying costs
(Reuters)

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