The House of Representatives Tuesday approved giving extra time to homebuyers trying to get a popular federal tax credit by the end of the month.
The House voted 409-5 to extend the closing deadline to Sept. 30 for buyers who met the April 30 deadline to have a signed contract. The current deadline requires those buyers to close the transaction by June 30 to receive the $8,000 tax credit for first-time homebuyers. Get the full story »
