Milwaukee Mortgages

Milwaukee area mortgage rates remain low hovering around 5% for many borrowers. If you are considering purchasing a home now is a great time because you may be able to take advantage of the new $8000 Home Buyer Tax Credit. Here's how it works. If you make less than $150,000 annually as a couple or $75,000 solely and have not purchased a primary residence in the last three years you qualify. You can even amend your 2008 tax returns and receive the $8000 now. You need to hurry because this program will expire in the fall.