Despite the lowest interest rates in 60 years, home sales have plummeted; many who rushed to get now-expired tax credits would've saved by waiting (The Denver Post) Homebuyers today can potentially save several times more money in interest costs than buyers who took out a mortgage in early April and claimed an $8,000 homebuyer tax credit. Yet buyers, who rushed to meet the April 30 deadline for the federal tax credits, appear much less eager to borrow at the lowest interest rates in 60 years....
Full Story: Denver Post
