Senate Approves Homebuyer Tax Credit Extension

The U.S. Senate has voted unanimously to extend the $8,000 first-time homebuyer tax credit and extend a credit to existing homeowners as well, virtually guaranteeing that the popular program will continue past the current Nov. 30 deadline.

Approval by the House of Representatives and President Obama is considered certain. The House is expected to vote to approve the measure today and send it to the president for his signature.

Senate Said to Agree on Extending Homebuyer Tax Credit

The U.S. Senate has reached broad agreement on a bill to extend the $8,000 first-time homebuyer tax credit and offer a credit to existing homeowners as well, according to numerous media sources.

Time Running Out on $8,000 Tax Credit

The $8,000 tax credit for first-time homebuyers is a great deal for those looking to buy their first home. But time is running out on the program, which expires Nov. 30.

Tax Amnesty: The State's the Thing

State governments are hoping to fill their coffers by offering perks to taxpayers who voluntarily pay up past-due taxes.

Understanding the First-time Homebuyer Tax Credit

Considering a first home purchase this year? Your budget might be impacted by the first-time homebuyer tax credit.