According to my favorite mortgage broker.....
FYI: Shaun Donovan, HUD Secretary, announced today that the $8,000 first time home buyer tax credit can now be used for down payment assistance for FHA Loans. Details are a little sketchy but it looks like this time it is real. Details coming next week.
This could really help so many first time home buyers get a foot into the housing market, especially with prices on homes we haven't seen since the 80's and 90's!
