Still on the fence Buyers?? Here is a reason to buy now!!! Effective 4/15/2010 the upfront mortgage insurance premium is increasing by 50%. Although interest rates are still low, they are expected to increase Spring/Summer. The flip rule is gone, Buyers can now purchase a home that has been sold within the 90 day period. First time home buyers are still eligible for the $8,000. tax credit, as long as you are ,in escrow by 4/30/2010. Additionally, the 3.5% down payment requirement will be increasing for Buyers with less than stellar credit and seller credits, the amount credited back to Buyers by Sellers for recurring and non-recurring fees or closing costs, may be ending down the road. Obviously buying just because of the aforementioned incentives is never a good thing, but if you were already in the market to purchase, take advantage of all of these perks while you can!