The top dollar amount for a standard, or conforming, mortgage that can be purchased by quasi-federal agencies such as Fannie Mae or Freddie Mac, versus a “jumbo” mortgage, will increase from $417,000 to $730,000.
Lemme see, we’d be talking primarily about Florida and California here — high-dollar states with a once-booming housing market until their bubbles burst.
Lemme see No. 2… this is an election year, right?
Showing posts with label jumbo loans. Show all posts
Showing posts with label jumbo loans. Show all posts
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