The interest only payment loan appears to be on it's way to the graveyard. Sure, they are scary but have their perks if you are educated and disciplined. Also trickling in this week are memos about Non-Conforming and FHA Jumbo products being discontinued. Don't panic the Economic Stabilization Act (cough, bailout) temporarily increased the conforming loan limits depending on your area, but so far I have only seen one reference to a Super Jumbo product to supplement it. Either way it is reminiscent of the imploding sub-prime lenders.