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The Loan Limits

Posted at 6:11 AM, Feb. 27, 2008

As a reminder, Congress has approved a temporary raise to the conforming loan limits which means that Freddie Mac and Fannie Mae can purchase and guarantee to $729,750.  This will only last until December 31, 2008.  After that, properties over the current limit of $407K will go back to jumbo loan conditions and terms. 

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