NEW YORK (CNNMoney.com) -- The Obama administration's foreclosure prevention program is open for business.

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A part of the stimulus package the Senate is proposing,the $7500 tax credit will be doubled to $15,000. More importantly,the newly proposed $15,000 will not have to be paid back like the $7500,which, in essence, was a interest free loan from the government. But wait there's more. This new tax credit doesn't just apply to first time homebuyers,but anyone purchasing a home. Check out the full story...

Wanna be me friend? Yes,under enormous peer pressure,I have decided to join the social networking phenomenom known as facebook. Feel free to visit facebook.com, search for friends, type in "Matthew Aldridge" and ask me to add you as a friend! The potential for networking(and fun!) is almost limitless. I've already reached out to some old friends, classmates, and former co-workers with great results! It's highly addictive and a great tool to get re-acquainted for business or otherwise. See you on facebook!

The website for 10 Carriage Lane in Levittown is up and running. Click here to see it! This unique home is a true 4 bedroom with 2 full baths. It also features a large formal dining room. Porcelain floors cover the eat-in-kitchen,Living Room, and Formal Dining Room. But,what makes this home really unique is a solution to what some see as a problem. Those not familiar with Levit Ranches have a special facial expression when they see the heating system and washing machine in the kitchen. I grew up in this style of home, and many of my friends did as well,so I thought nothing of it. The uninitiated however, may find it as a "deal killer". The heating system and washer/dryer have been moved from the kitchen to the back of the home in a seperate area. The home is move-in condition with many updates including the siding,windows, heating system, flooring, and paint. There is also attic space as well as two sheds for storage. Don't forget about the hi-hats and in-ground sprinklers. The kitchen has ample cabinet and counter space as well as room for a nice-sized table. And, how about a dog run for that special pooch in your life. As a bonus,there are pipes in the wall of the 2nd floor bedroom for a kitchen,as well as a seperate entrance. So the 2nd floor can be turned into an Mother/Daughter apartment with the proper permits! Parking is easy with a 4 car driveway. And for this cold winter,when it seems like it snows every other day,a toasty fireplace to top it all off. All in all,it's a great house with tons of features that radiates with the feeling of "home". Click on the link above to view over 100 pictures that showcase this great home. Check back soon for the Digital Video tour! If you'd like a private viewing,please contact me at 1-866-450-MATT(6288) and press "0" to speak to me directly.

It's happened again! The average 30 Year Fixed Mortgage Rate for the past week was 4.96%! Yes,it actually averaged under 5! For homeowners thinking about selling in the near future,now is definitely the time! And for buyers,the rate is at historic lows,and there's no telling when it will go back up again,but as history shows us,it will go up!

I have personally seen more buyers coming out in this market. In fact I just spoke with a buyer who has been renting for the past 4 years waiting for the right time to come out and make a purchase. She is looking in a price range that didn't even exist a year ago! This time in history will have more buyers than ever with the decling home prices and unbelievably low mortgage rates. And,keep in mind that the rate would be lower for a buyer with outstanding credit! If this isn't a great time to buy,I don't know what is!