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Here's an updated article discussing the impacts of mortgage credit availability with conventional loans: http://finance.yahoo.com/news/mortgage-credit-declines-ahead-qualified-154412865.html Some important points Expect conventional loan DTI requirements to drop to 43% for most borrowers Those wishing to exceed 43% will be looking at 70% LTV or less Points and fee caps of 3% (is this including rate buy downs and LPMI too??) I believe the conforming limits are expected to be lowered too January 1st but I haven't been able to find a specific amount yet. This all seems counterproductive considering where the market is headed, so hold on tight. It's going to be a bumpy ride.