NAR Wants Higher Loan Limits
January 21, 2008 by admin · Leave a Comment
The National Association of Realtors has called on Congress and the Bush administration to increase the loan limits for Fannie Mae and Freddie Mac from the current ceiling of $417,000 to $625,000. National Association of Realtors President Dick Gaylord noted, “This change will permit more families to enter the housing market by making more mortgages [...]
2008 Conforming Loan Limit Remains $417,000
November 30, 2007 by admin · Leave a Comment
Director James B. Lockhart of the Office of Federal Housing Enterprise Oversight announced that the maximum 2008 conforming loan limit for single-family mortgages purchased by Fannie Mae and Freddie Mac (the Enterprises) will remain at the 2007 level of $417,000 for one-unit properties for most of the U.S. (Higher limits apply to Alaska, Hawaii, Guam [...]






