Fannie Mae and Freddie Mac’s conforming loan limit increases

Oct 25th 2008

Related Posts: Credit & Finance, Government, Real Estate News

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To stimulate activity in the housing market, the Mortgage Bankers Association plans to request a permanent increase in Fannie Mae and Freddie Mac’s conforming loan limit to $625,500 from $417,000. Speaking at the MBA meeting on Oct. 20, Garry Cipponeri of Chase Home Finance LLC said liquidity is critical, noting that jumbo loans are hard to come by in pricey markets such as California and New York. Recently, Congress temporarily increased the loan limit to $729,500, where it will stay until the end of 2008.

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  1. » Fannie Mae and Freddie Mac’s conforming loan limit increases said at October 25th, 2008 at 3:38 pm

    [...] Get Elf Blog wrote an interesting post today onHere’s a quick excerpt To stimulate activity in the housing market, the Mortgage Bankers Association plans to request a permanent increase in Fannie Mae and Freddie Mac’s conforming loan limit to $625,500 from $417,000. Speaking at the MBA meeting on Oct. 20, Garry Cipponeri of Chase Home Finance LLC said liquidity is critical, noting that jumbo loans are hard to come by in pricey markets such as California and New York. Recently, Congress temporarily increased the loan limit to $729,500, where it will stay until the [...]

  2. Fannie Mae and Freddie Mac’s conforming loan limit increases · Real-Estate.ExplainedOnline.Net said at October 25th, 2008 at 3:54 pm

    [...] Original post by California Community Guide - Real Estate in CA - Homes for Sale [...]

  3. Fannie Mae and Freddie Mac’s conforming loan limit increases · Real-Estate-Investing.ExplainedOnline.Net said at October 25th, 2008 at 4:25 pm

    [...] Original post by California Community Guide - Real Estate in CA - Homes for Sale [...]

  4. Credit Crunch » Fannie Mae and Freddie Mac’s conforming loan limit increases said at October 25th, 2008 at 4:40 pm

    [...] Professional Finance Article Site: On this site, you can find all the related finance articles. You … wrote an interesting post today onHere’s a quick excerpt To stimulate activity in the housing market, the Mortgage Bankers Association plans to request a permanent increase in Fannie Mae and Freddie Mac’s conforming loan limit to $625,500 from $417,000. Speaking at the MBA meeting on Oct. 20, Garry Cipponeri of Chase Home Finance LLC said liquidity is critical, noting that jumbo loans are hard to come by in pricey markets such as California and New York. Recently, Congress temporarily increased the loan limit to $729,500, where it will stay until the [...]

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