Watch out everyone, some big price changes coming very soon on conforming loans - 11/30/07 09:29 AM
Fannie Mae has announced some loan level price adjustments that will effect most conforming loans.  Your credit score is going to play a much larger impact than it ever has in the past on your mortgage rate.  This is not just going to be in effect on the "exotic" mortgages, it applies to the plain Jane 30 year fixed among others!  Check out these changes that are going in to effect on loans today! 
LTV> 70% & FICO < 620 - Charge of 2.00 pointsLTV> 70% & FICO 620-639 - Charge of 1.75 pointsLTV> 70% & FICO 640-659 - Charge of 1.25 … (12 comments)

2008 Loan Limits Announced - 11/28/07 05:24 PM
Freddie Mac announced yesterday that their maximum loan limits will remain the same for 2008, unchanged from 2007.  This is good news as there was some talk that the maximum loan amounts should be reduced slightly for 2008. 
The maximum loan limit for Freddie Mac and Mannie Mae is based on the October-to-October percentage increase in the national average price of one-family conventionally financed homes, as published by the Federal Housing Finance Board (FHFB). This has provided annual increase for the most part, this year the FHFB reported a 3.49 percent decrease in the average home price between October 2006 and October 2007.   The have … (4 comments)

New York Yankee to Boston Red Sox Fan Conversion Form - 11/01/07 04:51 PM
A second championship for Red Sox Nation!  When I got this email today I could not stop laughing, and have to pass it along. 
NEW YORK YANKEES TO BOSTON RED SOX CONVERSION FORM Thank you for your interest in becoming a member of the Red Sox Nation.Due to an unprecedented volume of requests, we are currentlyprocessing only fan conversion registrations for New York Yankee fans.Conversion requests from other teams will be accepted once all Yankeerequests are processed. We expect this to take a number of weeks based uponthe current backlog of requests. Please take a few moments to fill out the conversion form below to … (4 comments)