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

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]

Follow More Money on Twitter at

Your browser, Internet Explorer 8 or below, is out of date. It has known security flaws and may not display all features of this and other websites.

Learn how to update your browser

Get every new post delivered to your Inbox.

Join 45,262 other followers