Mobile Mortgage News

2009 loan limit — and beyond — back to $417,000, says OFHEO

posted 122 weeks ago on Mortgage Insider

Let's first recall Orange County's new conforming limit is nearly $730,000 — theoretically that means consumers can soon get the lowest possible mortgage rates on loans up to that amount (Fannie Mae has said it will start buying loans up to the new limit on April 1). However, some mortgage brokers say rates above the old [...]
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