Real estate blog entries tagged with economic stimulus plan

Blog entries tagged with "economic stimulus plan":

economic stimulus plan: The Economic Stimulus Plan Has Begun To Work In Greenville, SC! - 05/05/08 09:19 PM

As I sat on the park bench with my wife and watched our kids play at the park in our subdivision this evening, a neighbor came over grabbed me so I could do some "manly man's work" for her.
She needed me and another neighbor she recruited to lift the top … (3 comments)

economic stimulus plan: Finally "Jumbo" Loans...Protected! - 03/18/08 08:20 AM

Recently in President Bush's new Economic Stimulus Plan, Conforming Loan limits were increased to a little under $730,000.
Typically, the Nation's 2 largest secondary market lenders (Freddie mac and Fannie mae) set the standards for conformed loans. That limit was just above $400,000 recently. Loans above this limit were termed "Jumbo … (4 comments)

economic stimulus plan: What impac will the economic stimulus plan have on you & your clients?!! - 03/12/08 12:56 PM

You're faced with the challenge of informing your clients about how the rapidly changing real estate and credit markets are affecting them locally. Here's some help.I've worked in the mortgage industry for 12 years, and I've funded over 1,000 loans in my career - and I've seen this market hit many … (0 comments)

economic stimulus plan: President Bush's Economic Stimulus Plan, You might want to read this. - 02/13/08 05:22 AM

Below is one banks email to mortgage lenders on the Economic Stimulus plan. What is important to note is that this is going to take time to implement. FHA, Fannie Mae, and Freddie Mac have to write guidelines for these new rules. Next the banks have to determine the impact these … (5 comments)

economic stimulus plan: Will The Economic Stimulus Plan Help Real Estate? - 01/31/08 06:03 AM

Yes! Most of the publicity has been directed to the checks the citizens will get, but the real estate industry is excited about a different component of the package. The House plan calls for an increase in Fannie Mae and FHA loan limits from $417,000 to $729,750, or 125% of the … (6 comments)

economic stimulus plan: President Bush pushing for tax relief - 01/18/08 11:49 AM

There is some good news out of Washington today. President Bush has proposed a big plan to help stimulate the economy. The plan includes income tax cuts and tax rebates. You can read the details on USA Today. Any relief is definitely a good thing. I don't know if what he is … (16 comments)