Tag Archives: Loan Limits

Home Sales Split By Price

Posted on November 21, 2011 by sheri

Sales of existing homes in October beat expectations, registering a gain of 1.4 percent from the previous month, but that number masks a market that is heavily weighted to the low end. Realtors say they expect sales to bounce around … Continue reading →

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Home Builders See Signs of Hope

Posted on November 16, 2011 by sheri

Despite rising foreclosures and weak consumer confidence, the nation’s home builders are seeing signs of hope in housing. Home builder confidence rose for the second straight month in November, according to the National Association of Home Builders’ monthly sentiment survey, … Continue reading →

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U.S. Gambles With Mortgage Retreat

Posted on October 10, 2011 by sheri

BY NICK TIMIRAOS Three years after virtually nationalizing the U.S. mortgage market, the government has embarked on a pullback to see whether private industry picks up the slack. Some people in the housing industry worry that Washington’s move will cause … Continue reading →

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Higher US mortgage rates coming for costlier homes

Posted on September 30, 2011 by sheri

Fri Sep 30, 2011 3:57pm EDT * Government removes support at upper end of home market * New limits on Fannie, Freddie loans from Saturday * Conforming loan limit falls to $625,500 from $729,750 * These borrowers face 50 bps … Continue reading →

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US to lower the size of mortgage it will guarantee

Posted on September 27, 2011 by sheri

Uncle Sam is about to take a first tentative step out of the mortgage business by lowering the size of home loans that the federal government will guarantee, and it’s already hitting California neighborhoods with higher costs and bigger down … Continue reading →

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Mortgage Bankers Reverse Course on Loan Limits

Posted on July 23, 2011 by sheri

It was barely a few months ago, albeit a few thousand degrees ago, that I moderated a panel of mortgage types from the major banks, including the Mortgage Bankers Association’s new president David Stevens, formerly FHA commissioner. Stevens and I … Continue reading →

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Lower Mortgage Limits Are a ‘Trade-Off’ Bernanke Says

Posted on July 13, 2011 by sheri

scheduled expiration of higher loan limits at Fannie Mae, Freddie Mac and the FHA will have a negative effect on the housing market by raising the cost of home ownership, you can be rest assured the chairman of the Federal … Continue reading →

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New federal home-loan caps hit Kitsap County hardest

Posted on July 9, 2011 by sheri

Local real-estate agents and mortgage lenders fear a drop in federal home-loan limits starting Oct. 1 will harm an already-weak Puget Sound area housing market and potentially unravel pending deals. Three years ago, to stimulate the economy, Congress temporarily expanded … Continue reading →

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Loan Limit: Will It or Won’t It Hurt Housing?

Posted on July 5, 2011 by sheri

A few weeks ago the National Association of Home Builders put out a report asserting that new lower loan limits going into effect in October at Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA) “will reduce housing demand … Continue reading →

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