Real estate blog entries tagged with interest rates by Duane DeSalvo (Somerset International)

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interest rates: House OK's Increase to FNMA and FHLMC Loan Limits - 01/27/08 06:31 PM

Hallelujah!! The increase to the loan limits of loans bought or insured by Fannie Mae, Freddie Mac and FHA is great news for consumers!!! For those homeowners who have existing Home loans and HELOCs which totaled over $417,000, in order to consolidate and refinance, they would be forced into Jumbo loans … (0 comments)

interest rates: Great news as Mortgage rates drop! - 09/13/07 05:49 PM

The following good news is an excerpt from a CNN Money news release!
Mortgage rates dropped in the latest week, which could help home buyers who are looking to refinance, Freddie Mac reported Thursday.
The government-sponsored loan buyer said the average rate on a 30-year fixed-rate loan averaged 6.31 percent for the … (0 comments)

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Duane DeSalvo

Camarillo, CA

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Somerset International

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