Fannie Mae and Freddie Mac Conventional Loan Limit Will Increase to $510,400 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Fredd
Nov 26, 2019 | Conventional Loans Mortgage News
Although overall U.S. mortgage application approvals are near record highs - just one in ten applicants is denied nationally - there are some places where it’s much harder to get a home loan. According to LendingTree, Miami ranked number one on the
Oct 25, 2019 | Mortgage News
Overall Housing Starts fell 9% in September from August's 12-year high to an annual rate of 1,256,000 units versus the 1,306,000 units expected. Year-over-year total Housing Starts rose 1.6%. However, the silver lining within the data showed that sing
Oct 17, 2019 | Mortgage News
Average interest rates on long-term U.S. mortgage loans fell dramatically last week, making September the most volatile month since March, according to Freddie Mac. The average rate on a 30-year fixed-rate mortgage dropped to 3.64% with 0.6 point for the
Oct 02, 2019 | Mortgage News
As rates fall and incomes rise, homebuyers’ buying power has reached its highest level in 18 months, according to data from property data company Black Knight. Even though actual prices have climbed an average of $12,000 over the past eight months,
Aug 12, 2019 | Mortgage News
You have found the perfect property and made it all the way through the home buying process. The only thing left to do is wire the down payment and closing costs to your mortgage lender. Right before you are supposed to wire the money, you get an email fr
Aug 07, 2019 | Mortgage Basics Mortgage News
