Change my location 
List All Categories
-
- home values (11)
- house prices (11)
- mortgages (7)
- buyer tips (3)
- dueling digs (3)
- TV (3)
- remodeling (2)
- celebrities (1)
- kitchens (1)
- politics (1)
Conforming Loan Limits Going Up (in some counties)
|
One of the reasons that mortgage rates haven't dropped as quickly as interest rates on other types of loans (e.g., corporate loans) is the conforming loan limit: the government (via Freddie Mac and Fannie Mae) only backed loans up to $417,000. Our friends in Washington have been kind enough to raise that limit, until the end of the year. They're trying to make larger loans more affordable, and this should help. The vernacular term that has popped up for these new loan types is "conforming jumbos". Refis, here we come. You can find the new loan limits here. |
Subscribe
Categories:
0
Comments:
Link 
Spencer Rascoff
Spencer Rascoff is CFO and Vice President of Marketing at Zillow.com, one of the leading Real Estate sites. Here he will help you better understand and respond to the ever-changing market.
Spencer Rascoff is CFO and Vice President of Marketing at Zillow.com, one of the leading Real Estate sites. Here he will help you better understand and respond to the ever-changing market.
- Jon Stewart Dissects the Mortgage Mess in 5:39
- The psychology of a listing price
- Celebs Celebs Celebs
- European housing trends
- The New York Times tells us to feel sorry for investment bankers (sort of)
- Obama vs McCain (real estate edition)
- I'm back (apologies)
- Advice to buyers
- On CNBC talking about real estate trends
- Interesting Donald Trump interview on CNBC
Search for more posts
subscribe to Real Estate Examiner's posts
Packers' coach on video backs Rodgers as his QB
Stage 20: Carlos Sastre Holds Off Cadel Evans to Secure Tour de France Win
