Conforming Loan Changes

 

The economic stimulus package passed and everyone is asking when the conforming loan limits will increase. Well, the latest answer is July 1. But remember, the Fannie Mae and Freddie Mac conforming loan limits of $729,750 are temporary measure available 7/1/08 - 12/31/08 while it appears the Federal Housing Administration loan limit is a permanent measure.

 

More on this as I hear more. 

 

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Commercial Real Estate Agent: Rebekah Owen (RW Benchmark Properties)
Rebekah Owen
Campbell, CA
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RW Benchmark Properties

Office Phone: (408) 378-5568
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20 years of real estate experience and expertise. How can I help?

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