Posts Tagged ‘mortgage news’
3 Real Estate Myths Your Dad Probably Swears By (And Why They Don’t Work Anymore)
Let’s have a little heart-to-heart about homebuying advice—specifically, the kind that might come from your dad, your uncle, or that one coworker who bought a house in 1993 and hasn’t stopped talking about it since. They mean well. But today’s market isn’t the one they bought into. Prices are different. Loan programs have evolved. And…
Read More2023 Conventional Loan Limits
The Federal Housing Finance Agency (FHFA) has released the loan limits for 2023. With this announcement, FHFA has effectively raised the limit on how many dollars can be borrowed using Fannie Mae & Freddie Mac Conventional loan products. The loan limits increased across the nation, with variances in the increases for “high cost areas”, and…
Read More2022 Conventional Loan Limits
Each year toward the end of November, FHFA (Federal Housing Finance Authority, the agency overseeing Fannie Mae & Freddie Mac) releases updated loan limits for the following year. This sets the maximum amount of money that can be borrowed under conventional lending guidelines. Today’s announcement informed us that for 2022, conventional loan limits will be…
Read More
