Your mortgage interest for 2008 is about $3,500. Did you pay points on the mortgage? That would be shown on your closing papers. Your points are fully deductible on the year they are paid (this year).
Did you pay private mortgage insurance? You can deduct that as well.
Did you pay property tax? Deduct that.
Add to this your state and local taxes withheld. There are a few other deductions that I have skipped. If the total of all of this is more than $5,450 you will benefit from using Schedule A. For each $100 above the standard deduction of $5,450 you can deduct, you will save about $15 in tax.
If Schedule A isn't going to work for you, you may still add up to $500 to your standard deduction for property taxes paid. This will reduce your taxes by about $75.
So, your benefit may be a few hundred dollars. You'll have to do your tax return to see.