HUD is asking Congress to increase the min. down payment to increase from 3.5% to 5% on FHA loans. This would effect ALOT of buyers. My video guys here don’t mention it in this lender video but I’m also hearing that the min. credit score requirement is likely to go up as well. This could happen just after 
the first of the year. If you barely qualify for a loan now; get your bum out there and purchase; don’t waste your time on short sales that are likely to be a waste of time. Remember too, with short sales you can’t lock in your interest rate until you have final 3rd party approval, even if you are fortunate enough to get that what are the chances that the interest rate will still be as good as it is now 2-3 months down the road? Watch Video here! CLICK CLICK CLICK
Since the HVCC appraisal system has been implemented appraisal fraud is up in spite of the new laws setup to avoid just that. It’s said that properties are being valued higher than their true value (interesting as my experience is the opposite). TBWS (my favorite morning video news guys in the link below) have something to say about this! I would like to say AGAIN how HVCC has complicated the process of home buying. If your lender isn’t on the ball the appraisal delays can kill a deal; a GOOD LENDER IS CRUCIAL TO THE SUCCESS OF YOUR HOME PURCHASE!
Tax Credit Disappearing? That would be horrible for the housing market. Watch my favorite “TBWS” guys (link below). The credit has been expanded for veterans…
TBWS (Think Big Work Small). Great topics on this video! Also touches on Chinese investing in US properties & FICO scores. 
You know I love these guys! TBWS (Think Big Work Small). Focused towards Lenders and Real Estate Agents but I think everyone else can get something too! -Kristie McDonald (your Portland, OR real estate agent)