By: Lina Horner

The 2010 budget contains some plans and proposal of interest to Canadian home buyers, including both old and new items.The Canadian government considers home purchase to be an important part of the overall economy and wants to encourage Canadian home buyers in their endeavours.

To this end, the 2010 budget has kept the first-time home buyer tax credit.The Home Buyers Tax Credit allows first-time home buyers to deduct 15% of up to $5000 in home purchasing expenses up to $750.For the purposes of this credit, according to the Canada Revenue Agency, first-time home buyers are considered to be anyone who has acquired a qualifying home and who has not lived in another home owned by them or their spouse or common-law partner in the year of acquisition or in any of the four preceding years.

The ceiling for RRSPs is remaining at $25,000.Canadians may recall the changes to the 2009 budget that bumped up the amount of funds that one may draw out of their RRSP from $20,000 to $25,000.

There are some new proposals that will be voted on this year. Enhancing Disclosure and Business Practices of Financial Institutions is aimed at de-mystifying the penalties of mortgage pre-payment penalties.Thus far, they can vary widely and can be considerable, especially for the unprepared home owner.The legislation is geared towards informing home owners as to when it is the best time to use extra money to put on their mortgage.

Buying a House or design their own house

when you want to occupy a house, the biggest problem is the confusion that you better be buying a house or designing your own home with your own. if so, adjust it with the money you have, and choose what you think.

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Laura Hall: In and out of jail for murder as 48 Hours follows her case

Laura Hall will never forget the summer of 2005. On one night, in Austin, Texas, the young woman witnessed something she would never forget.

Describing a horror scene that was sadly not from a movie, Laura Hall was the subject of a CBS TV show tonight called 48 Hours Mystery: In Too Deep.