K. Hovnanian and Toll Brothers offer help with mortgage if homebuyer is laid off

Plummeting prices, low mortgage rates and bigger tax credits all seem to make this a great time to buy a home. But even the greatest deal in the world comes with a mortgage payment, and workers afraid of being laid off are wary of taking the plunge.

So, some home builders with communities in New Jersey have tried to sweeten the deal: If a buyer is laid off after purchasing a home, they’ll pay a chunk of the mortgage for six months.

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