Hello REALTORS®:
I know you've all been waiting for some relief to our current market conditions, and it arrived today: the new FHA and Fannie Mae- Freddie Mac conforming loan limits have been released by the U.S. Department of Housing and Urban Development.
To find out the new limits in your area, simply click on this link:
New FHA, Fannie Mae & Freddie Mac Loan Limits , which will take you to the "mortgage limits" page at the HUD web site. On that page, enter your state and county information, chose the type of loan from the "Limit Type" drop-down box (FHA Forward, Fannie/Freddie or HECM). [Note: FHA Forward is what HUD is calling the temporary FHA loan limit.] Then click the "send" button at the bottom of the page. On the results page, you'll see the new loan limit for the type of loan you selected for your area. You can also find a county-by-county listing of the new FHA and Fannie Mae-Freddie Mac loan limits at REALTOR.org by following this link:
County-by Type Listing of New Interest Rates
For more on information on
how the New FHA, Fannie Mae, and Freddie Mac will effect our economy, homeowers and homebuyers.
New FHA, Fannie Mae and Freddie Mac Loan Limits Were Released today!
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