BluegrassForeclosure.com

From RealtyTrac.com:  “Whether you are a first-time buyer who qualifies for the $8,000 tax credit, or a current homeowner who wants the $6,500 tax credit, you have only until April 30, 2010 to take action. Federal deficits, budget cuts and political jousting make it highly unlikely that Congress will approve another extension of these popular tax credits, and many economists expect interest rates to increase soon.”

Which begs the question, will there be more pressure on the Congress to continue trying to do something about the foreclosure crisis, or more pressure to try and cut down on the deficit spending?  At this point, it’s anyone’s guess.

What do you think, should Congress continue assisting home owners?  Or should Congress begin worrying about the deficit?  Leave a comment.