Real estate blog entries tagged with economic stimulus package by Oak Valley Mortgage-California Home Loans and Refinancing

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economic stimulus package: Conforming Loan Limits Temporarily Raised in Orange County, California! - 03/22/08 01:46 AM

Conforming Home Loan Limits in Orange County, California have temporarily increased from:
$417,000 to $729,750 until December 31st, 2008
Do you fit into the box of what banks are looking for?
Here's the checklist. If you can answer yes to all these questions, call me!
You're currently in a mortgage rate at (or set to … (4 comments)

economic stimulus package: The "Liquidity Crisis", "Economic Stimulus Package" and my "Sleeping Tiger" Theories! - 03/07/08 03:45 PM

What is the "liquidity crisis" and why does it exist?
Across most of the country, Fannie and Freddie currently purchase loans of $417,000 or less from lenders, and repackage these so-called "conforming" mortgages into securities sold to investors. Investors generally trust that these securities will be repaid, in part because they are … (3 comments)

economic stimulus package: President Bush to Sign "Economic Stimulus Package" Today! - 02/13/08 10:38 AM

Conforming Loan Amounts Will Increase...
This is great news for California Homeowners!!!
President Bush will sign the "Economic Stimulus Package" Bill today, after Congress and the Senate have agreed to temporarily increase the Conforming Loan Limit in 2008 as a part of its "Economic Stimulus Package", up to $729,750 in "High Cost Housing Areas!"
As you … (4 comments)

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