Tag Archives: Fannie Mae

Pending conforming loan limit decrease will make California houses more affordable

For those that dismiss this upcoming drop in the conforming limit as meaningless, why has the California Association of realtors raised the alarms and come out opposing this change? i think we all know the answer to that one.
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Posted in Fresh Perspectives, Mortgage News | Tagged california, CAR, Conforming Loan Limit, Fannie Mae, FHA, Freddie Mac, GSEs, Home Prices | Leave a comment

3 Things You Need to Know About the Changing Conforming Loan Limit

On October 1st, the conforming loan limit for mortgages backed by Fannie Mae, Freddie Mac, and the FHA will drop from $729,950 to $625,500. This will absolutely impact home prices, especially in high-priced states like California, rewarding patient buyers with more affordable homes. Continue reading

Posted in Economic News, Fresh Perspectives, Mortgage News, The Daily Hotsheet | Tagged CAR, Conforming Loan Limit, Fannie Mae, FHA, Freddie Mac, GSEs, NAHB | Leave a comment

When Jumbo Conforming Loan Limit Falls to $625,500, Prices Will Follow

A lower conforming loan limit will seriously erode the upper-middle tier of the Irvine market. The already precarious high end will see continued pricing pressure as lenders continue to deflate loan balances. Continue reading

Posted in Fresh Perspectives, Home Economics, Mortgage News | Tagged Conforming Loan Limit, Fannie Mae, Freddie Mac, GSEs, Home Prices, Irvine | Leave a comment

Will the Jumbo Mortgage Loan Squeeze Affect Home Prices?

Starting October 1, the maximum loan amount from Fannie Mae and Freddie Mac will drop from $729,750 to $625,500. Continue reading

Posted in Banking and Finance, Fresh Perspectives, Home Economics, Mortgage News | Tagged Fannie Mae, Freddie Mac, Home Prices, Jumbo Loans | Leave a comment

What Would Wells Fargo CEO John Stumpf Do?

The Wells Fargo CEO is getting involved in the political posturing around mortgage market reform being considered in Washington. Today we will examine his recent statements on reform. Continue reading

Posted in Banking and Finance, Fresh Perspectives | Tagged Fannie Mae, Freddie Mac, Mortgage Reform, Wells Fargo | Leave a comment