Hot off the mortgage press:
1) Just heard that rates are at their lowest for the year
2) Just heard that you can now obtain a conventional loan with as little as 3% down (will include mortgage insurance).
3) #2 applies to condos!
4) Just heard that transactions are closing in as little as 20 days!
5) Just heard that you can get a JUMBO loan with 30 year, 10/1 ARM and 10/1 Interest Only ARM! 80% ltv to $1million and then 75% ltv to $1.5 million.
Now that is some great mortgage news!