Dear Edith: My husband and I are considering buying our first home. How do we begin? — J.D.

Answer: This is a great time to buy. Prices in most areas are more affordable than in the past, interest rates haven't been this good in decades, and as first-timers you may qualify for a $8,000 tax credit from Uncle Sam.

Start by visiting a mortgage broker or going directly to a local lender, to apply for pre-approval on a mortgage loan. You'll pay some fees, but you'll come out wi ...

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