In this week’s Conarchy’s Corner (length: 7 minutes) Ed Conarchy has significant news on mortgage interest rates and the First Time Homebuyer Tax Credit. First, The Federal Reserve has announced they are stopping their recent measures that have kept mortgage interest rates artificially low. Second, Congress is believed to announce very soon an extension to the First Time Homebuyer Tax Credit. But, there is a big surprise in their possible announcement! So watch and see all the specifics to these two major news stories and learn how they will affect you.

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