Tag Archives: Conforming Loans

Jobs report tempers mortgage rates

The jobs picture improved slightly in July, but its impact on the housing recovery is more murky. Mortgage bankers shed 1,200 jobs, as their refinance business has dropped dramatically due to higher rates. The unemployment rate for young adults rose … Continue reading

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Why Private Investors Are Staying Away From Mortgages

As homebuilders gain confidence and real estate agents claim demand is back, one would think investors would jump right back in for fear of missing the bottom. Investors in housing are buying up as many distressed properties as they can … Continue reading

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Southland Home Sales Inch Up From 2010, Median Price Down Again

8:00am | Southland home sales rose slightly in October compared with a year earlier but were still nearly 30% below the long-term average, while median sales prices dipped reports on housing in California and in the Southern California regions issued … Continue reading

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Lower Mortgage Limits Are a ‘Trade-Off’ Bernanke Says

Page 1 of 2 | Next PageShow Entire Article For those of you worried that the scheduled expiration of higher loan limits at Fannie Mae, Freddie Mac and the FHA will have a negative effect on the housing market by … Continue reading

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Upcoming Drop in Loan Limit Could Adversely Affect Bay Area Borrowers

Walnut Creek, CA (Vocus/PRWEB) June 10, 2011 Fannie Mae and Freddie Mac, the private mortgage lending entities under government conservatorship, are set to reduce their maximum conforming loan limit from the current $729,750 to $625,500 on October 1st. Bay Area … Continue reading

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