Keyword: jumbo

Conforming Loan Limit Increased

Conforming Loan Limit Increased

As part of the $150 billion economic stimulus package Congress and the Bush Administration have agreed to raise the conforming loan limit. Congress has already passed the bill and President Bush is expected to sign it this Wednesday. This increase in the limit is only temporary until December 31st, 2008. The new conforming loan limit allows Fannie, Freddie and FHA ...

Shailesh Ghimire | 2008/02/11  | 4 Comments Economy

Conforming Loan Limit Increased

Conforming Loan Limit Increased

As part of the $150 billion economic stimulus package Congress and the Bush Administration have agreed to raise the conforming loan limit. Congress has already passed the bill and President Bush is expected to sign it this Wednesday. This increase in the limit is only temporary until December 31st, 2008. The new conforming loan limit allows Fannie, Freddie and FHA ...

Shailesh Ghimire | 2008/02/11  | 4 Comments Economy