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...Why Conforming Loan Limits SHOULD Be Raised Now...

Zach Dahl

703-864-5257

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.

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313 2nd St. SE Suite 112
Charlottesville, VA 22902

Posted by Zach Dahl Virginia Home Loans on 03/06/2008 01:06 PM

Comments (2)

conforming loans, jumbo loans, qualify and close, virginia home loans

2 Comments on ...Why Conforming Loan Limits SHOULD Be Raised Now...

MAR

2008

Zach,

I'll support your crusade!! I need the eggs!!

"A Quick Note"

Shannon,

The question remains: "Which came first, the chicken or the egg?"

...maybe you need the chickens!

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Zach Dahl Virginia Home Loans

Charlottesville, VA

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Ameritime Mortgage Company, LLC.

Address: 313 2nd Street SE, Suite 112, Charlottesville, VA, 22902

Office Phone: (877) 296-7751 x 204

Cell Phone: (703) 864-5257

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