Posts Tagged ‘conforming loan limit’
Who Exactly Sets The Interest Rates?
Over the past few months I have had both current clients and potential clients calling and asking why haven’t the interest rates dropped more. “The Fed Funds Rate is really low.” “How long will it take for mortgage rates to go down ?” “I’m going to wait a little longer, I know they will Read the rest of this entry »
Competition Is Tough, Get Your Home Ready Now To Sell
With the passing of the stimulus bill now behind us, in a few short weeks Fannie Mae, Freddie Mac and FHA will release their new guidelines on loans above the conforming loan limit of $417,000. Although this will help to stimulate refinances and home sales, there are two things that Read the rest of this entry »