Get your pre-approval NOW!  We only have 100 days to have an accepted PA to qualify for the federal tax credit.
 
Also, we are expected to have an announcement from FHA this week.  They are going to raise the up front mortgage insurance premium from 1.75% to 2.25%and reduce the maximum seller paid costs from 6% to 3% (which means more money out of pocket and higher payments). 
 
Get your rate locked in before these changes occur.  More to follow.