Dates to remember
October 22nd, 2008
Just a minder that things will be changing for FHA approved buyers.
Effective now: Upfront FHA premium is now 1.75% vs. 1.25%
December 1, 2009, Loan amounts in-between $417,000 and $729.500 will need to close prior to 12/1/08 to be considered Conforming.
January 1, 2009, Down payment of 3% will increase to 3.5%

