FHFA Announced Loan Limit Increase For Fannie and Freddie
The 2023 conforming loan limit will be $726,200, an increase of $79,000 from this year
The 2023 conforming loan limit will be $726,200, an increase of $79,000 from this year
The lenders will no longer charge up-front fees while increasing fees for most cash-out refis
In most of the U.S., loan limits will increase by $98,950 compared to this year’s limits
Calhoun, an affordable housing advocate, is also a strong supporter of Fannie Mae and Freddie Mac
The lenders are expected to pass cost savings along to borrowers
The support is aimed at lower-income homeowners who have not taken advantage of low interest rates to refi
Just hours into his presidency, Biden vows to work on immediate pandemic extensions.
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