Mobile Mortgage News

Fannie, Freddie to buy Orange County loans up to $729,750

posted 39 weeks ago on Mortgage Insider

Larger loans may soon become cheaper and easier to get in Orange County, giving its struggling housing market a boost. Government sponsored loan buyers such as Fannie Mae and Freddie Mac can now buy loans up to the new conforming limit of $729,750, a 75% increase from the old limit of $417,000, said the Department of [...]

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