March 6, 2008
Released October 22, 2007 by the OFHEO
Note: This graph represents the spread between conforming and jumbo 30 year Fixed rate mortgages. We can cleary see that boosting the conforming limit from $417,000 to the lesser of:
A) $729,000 OR
B) 125% of the median area sales price
will open up more opportunity for new and existing home buyers to acquire AFFORDABLE mortgage rates.
Created with 220 Marketing Technology
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