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More Money Friday roundup: FICO secrets revealed & luxury homes 2.0

By:

timestaff

2 min read

Five personal finance highlights from around the Web:

FICO, the company that provides the nation's leading credit score, reveals how many points a consumer's credit rating will drop as a result of specific events. LIz Pulliam Weston sheds light on the impact of maxing out a card or making a late payment. [MSN Money]

Will the McMansion buyers of the future want to live without theater roooms and butler's pantries? Luxury home builders think so. [The Wall Street Journal]

'"I want to be rich" is not real a goal. And good financial planning requires clear, measurable goals. [The Boston Globe]

Buffett: Investment opportunity is greater in the United States than abroad. The Oracle thinks the worst of the financial panic is behind us. [Reuters]

Temporary conforming loan limits won't expire this year. The Federal Housing Finance Authority will extend the limit of $417,000 (up to $729,750 in high-cost areas) through 2010. [Washington Business Journal]

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