Interest rates are very attractive. The 30 yr. loan is approximately 4.875% The 15 yr. loan is approximately 4.375 It is a great time to buy a house.
In fact, I was reading about the tax credit still being available for those military personnel who were stationed overseas from 1/1/09-4/30/10. The tax credit extends 1 yr. for them.
Do you know anyone who can take advantage of that?