Is the tax credit for first-time home buyers working? What about the 2008 credit that you have to pay back? Eva Rosenberg looks into how tax pros and potential homeowners are addressing these credits.

The $8,000 tax credit for first-time home buyers purchasing a home this year in now available to be claimed on their 2008 or 2009 tax return.

Some U.S. housing markets are turning back in favor of homeownership over renting after recent drastic declines in home prices.

The housing crisis has opened the door for first-time home buyers who have been putting off a home purchase because of sky-high prices. It's a buyer's market right now and many are finding their dream homes and sellers eager to make a deal.

With home values and mortgage rates falling, it looks like a great time for prospective home buyers. Here are four tips for how to get an even better deal on a home right now.

Learning a new language takes time. Pronunciation, grammar or vocabulary: where should you start? Everything matters. The same is true for first time home buyers. Not only do you have to learn to look at property - which seems easy at first, but the finer points can take years - but you also have to decipher a background of economic ...

Thanks to a new housing act passed by Congress last month, first-time home buyers between now and July 1, 2009 are eligible for a $7,500 tax credit. One catch though - you will have to pay it back.

The new housing bill isn't as smooth as you think. There is fine print on it that isn't so beneficial for consumers. Read this article to find out what they are.

Nobody likes a missed buying opportunity, but cluttering your home with 'collectibles' is often the end result of impulse buying. Read one man's tragic tale of a missed opportunity, and see how it all relates to your financial world.

Despite the current mortgage mess, no money down mortgages are still available through an FHA program. Is the program a good way to move builders' unsold inventory and assist first-time homebuyers, or will it just burden taxpayers with a lot of bad loans?