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Conforming Loan Changes

By
Commercial Real Estate Agent with Intero Silicon Valley and Rebekah - Two Names You Can Trust!

 

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. 

Posted by

Rebekah Owen, MBA

SanJose-RealEstate since 1988

www.RebekahOwen.com

650-492-5958

CA 00994952. TX 0555675