Sun is setting on home buyers tax credits!

If your procrastinating looking for that new house, I would quit and get it under contract before April 30th. When you think that prices are this low, mortgage rates are low now but starting to rise, and til April 30th if your first time home buyers you may qualify for an 8,000 dollar tax credit and if you lived in your house for 5 yr's you may qualify for a 6,500 dollar tax credit, this has created the perfect storm for house buyers with the funds, ready to buy!