Zillow Advice: Mortgage - New loan limits for Fannie and Freddie.

Cudo, Fico will still typically ...

Sat, 08 Mar 2008 20:24:00 GMT

Cudo, Fico will still typically be 550+, per our lender req's.

Fri, 07 Mar 2008 16:20:00 GMT

I f you would like the real skiny see thread

Stimulus Package and affects on local real estate market

includes a link to the new loan limits released yesterday.

Fri, 07 Mar 2008 11:50:00 GMT

Do you happen to have any inside of when and how the new limit will get cheaper interest rate?

does FICO # needs to be higher to get a conforming loan of 729K versus 400K loan?

thank you

Fri, 07 Mar 2008 03:13:00 GMT

This will help many jumbo buyers be able to refinance and keep their homes. Great move for FHA. They just raised the credit calbier of the clients

Fri, 07 Mar 2008 03:13:00 GMT

This will help many jumbo buyers be able to refinance and keep their homes. Great move for FHA. They just raised the credit calbier of the clients

Fri, 07 Mar 2008 00:35:00 GMT

It may help - But remember a majority of buyers need to sell first.

If values are too low - They may not have the funds needed to move up...

Thanx, D