Has anyone heard the rumor that Fannie Mae might raise the conforming loan amounts to $625,000.? - raising conforming loan
Has anyone else heard? Does anyone have any information about the validity of this rumor?
Saturday, January 2, 2010
Raising Conforming Loan Has Anyone Heard The Rumor That Fannie Mae Might Raise The Conforming Loan Amounts To $625,000.?
2 comments:
Fannie Mae and Freddie Mac does not have the power to raise loan limits. This passage is from the Office of Federal Housing Enterprise Oversite.
In a year when the base year data OFHEO on the market over the last few years and sets the maximum height. In the last 2 years, the same number of $ 417,000.00 remained. These data come from a national average family in Hawaii, Alaska, Guam kit you get 50% more.
Fannie Mae and Freddie Mac can make their own limits on the amount. But you can not on that amount. The next OFHEO report later this year. Due to declining home prices have in most investors OFHEO Planning lowering the ceiling, the OFHEO issued a statement to reassure investors, said she wouldnt * * Within the limits set for the year 2008. It is clear that the door to say, opens the increase Arent. But it opens the way to allow some areas more than 48, be increased.
You can find these and more at OFHEO.gov.
Fannie Mae and Freddie Mac does not have the power to raise loan limits. This passage is from the Office of Federal Housing Enterprise Oversite.
In a year when the base year data OFHEO on the market over the last few years and sets the maximum height. In the last 2 years, the same number of $ 417,000.00 remained. These data come from a national average family in Hawaii, Alaska, Guam kit you get 50% more.
Fannie Mae and Freddie Mac can make their own limits on the amount. But you can not on that amount. The next OFHEO report later this year. Due to declining home prices have in most investors OFHEO Planning lowering the ceiling, the OFHEO issued a statement to reassure investors, said she wouldnt * * Within the limits set for the year 2008. It is clear that the door to say, opens the increase Arent. But it opens the way to allow some areas more than 48, be increased.
You can find these and more at OFHEO.gov.
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