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Tag Archives: Economic Recovery Act
Changes to jumbo loans kick market while it’s down
Barring last-minute action by Congress, many Bay Area home shoppers will soon find it harder to buy more expensive homes because of changes in eligibility requirements for a popular type of mortgage. Starting Oct. 1, interest rates on loans between … Continue reading
Posted in SF Bay Area News
Tagged Administration Programs, Consulting Group, Credit Crunch, Economic Recovery Act, Eligibility Requirements, Emergency Legislation, Fannie Mae, Federal Housing Administration, Freddie Mac, Home Shoppers, homes millbrae, Jumbo Loans, Ken Rosen, Maximum Drop, Monthly Mortgage Payments, Mortgage Payment, Private Lenders, Real Estate Professionals, Silicon Valley, Smart Person, Three Quarters
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