Mortgages Made Simple with Rick Gundzik

Sunday, February 10, 2008
Fannie Mae Loan Limits increased to $729,750 - February 10, 2008
The Economic Stimulus bill passsed with one of the benefits being Fannie Mae Loan Limits being increased to $729,750.Mortgages Made Simple logo It also increases Freddie Mac Loan Limits to $729,750 and it certain high cost areas FHA loan limits are being increased to $729,750.

This should create a fresh round of refinancing by homeowners who currently have jumbo loans from $417,000 to $725,000. They will be able to lower their payments significantly. In addition people waiting on the sidelines to buy a home can now confidently move into the market.

Show Notes: Listen to Can Anyone afford a home in California?

Labels: , , , , , , , , ,

posted by Pac Res @ 11:09 AM  
Post a Comment
<< Home

Subscribe in a reader

Subscribe to Mortgages Made Simple by Email

Previous Posts

About Blog
Helping you to understand mortgages and get the best home loan possible.

  • Links
    Templates by
    © Mortgages Made Simple with Rick Gundzik. Blogspot Template by Isnaini Dot Com