1. Tax Credit for First Time Homebuyers - up to $7,500!!!
2. FHA Changes - minimum down payment goes from 3% to 3.5% in January, 2009.
3. Temporary Loan Limits - $567,500, but will expire at the end of the year.
4. Capital Gains - changes to calculations will take effect in January, 2009.
5. Interest rates - although volatile, rates remain competitive. Interest rates typically increase after a presidential election.
Don't delay! Stay in front of the wave, not behind it!


