Real estate blog entries tagged with fed bailout affect on mortgages by Danilo Bogdanovic-Real Estate Consultant -Loudoun and Fairfax County (Market Advantage Real Estate)

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Home : Blogs : Danilo Bogdanovic-Real Estate Consultant -Loudoun and Fairfax County : http://www.LoudounScene.com : Tag "fed bailout affect on mortgages"

fed bailout affect on mortgages: How The Fed Bailout Affects You and Your Ability To Get a Mortgage - 10/08/08 12:09 PM

The question I've been hearing a lot lately is "How will the Fed bailout affect my ability to get a mortgage?" I came across a short and sweet explanation of the bailout's affect on mortgages over at Bankrate.com and wanted to share it with you here...
"Conforming mortgages. Home loans for $417,000 or less that meet guidelines devised by Fannie Mae and Freddie Mac, the government-controlled housing finance giants. The guidelines require borrowers to have good or excellent credit histories, and to have some equity in their houses -- either by making a down payment (when buying a house) or by having … (0 comments)

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Danilo Bogdanovic-Real Estate Consultant -Loudoun and Fairfax County

Ashburn, VA

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Market Advantage Real Estate

Address: 107 Kale Ave, Sterling, VA, 20164

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