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Recent PostsSo You Want To Buy a Foreclosure: Tip Number 1Bank Of America Offers Streamlining of Short Sales Extension of Tax Credit Is On the Table Appraisals Still an Issue Market Trends In Chicago CategoriesSelling Real EstateBuying Real Estate Market and Trends Homeownership Home Finance Acts of Agents RE Manners Staging The Examined LIfe Credit Ready Favorite LinksIncredible Agents.comThe Loan LimitsPosted at 6:11 AM, Feb. 27, 2008As 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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