The Federal Housing Finance Agency (FHFA) has set a new baseline conforming loan limit of $806,500 for one-unit properties in 2025, authorizing Fannie Mae and Freddie Mac to purchase mortgages up to ...
At the tail end of 2024, mortgage borrowers shifted their attention away from conforming mortgages and toward refinance opportunities. A report released Tuesday by Optimal Blue found that the ...
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What Is a Jumbo Loan?
Text Callout : Key Takeaways - What Is a Jumbo Loan? A jumbo loan is a mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency, or FHFA, which oversees Fannie Mae ...
The 5.2% increase from 2024's ceiling of $766,550 is less than 2024's 5.5%. A few mortgage lenders announced increased conforming loan limits as early as September in anticipation of the FHFA’s cap ...
The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices. Beginning next year, mortgage ...
If you’ve ever heard the names Fannie Mae and Freddie Mac and pictured them as a sweet old couple running a quaint bed-and-breakfast, you’re not alone. Sadly, they’re not humans — no cookies baking in ...
Forbes contributors publish independent expert analyses and insights. Covering everything from luxury homes to housing trends around the world. This week the Federal Housing Finance Agency announced ...
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