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Tag Archives: Fannie Mae

Who Are Fannie Mae and Freddie Mac and Why Should You Care?

Though Fannie Mae and Freddie Mac may have silly names, they're all about the serious business.

Fannie Mae Rules Meant to Shield Home Values, says Associated Press

Many fault the credit crunch in real estate lending for falling home values. Fannie Mae has a different view of the role of tightening credit guidelines has on your home's value. See why foreclosures and inventory have more impact, and how new application rules seek to help the current situation.

Declining Market Rule Confusing to Many

Fannie Mae announced it’s ending a policy that requires more down payment, or a higher loan-to-value ratio (LTV) for home loans made in declining housing markets. But, this could mean more confusion when talking about PMI. Quicken Loans offers its analysis.

New Home Sales Slow Despite Incentives, Low Rates

Sales of newly constructed homes fell in November.

What’s the deal with the mortgage industry?

Some economists predict the financial markets will soon calm down, making jumbo loans available to consumers who qualify for them. In the meantime, anyone who needs a large mortgage should contact a mortgage professional and discuss all available options.

What's the deal with the mortgage industry?

Some economists predict the financial markets will soon calm down, making jumbo loans available to consumers who qualify for them. In the meantime, anyone who needs a large mortgage should contact a mortgage professional and discuss all available options.

What Is a Construction Loan?

Thinking about building your dream home? You'll probably need a construction loan. Find out what a construction loan is and how to estimate how much you can afford to spend.

Conforming Loan Limits to Increase Significantly

Fannie Mae will increase the conforming loan limit in January 2006. However, some lenders are making the change immediately, ahead of Fannie Mae. How much is the increase and what does this mean for existing and prospective homeowners looking for a mortgage?

Lenders Raise the Limit for Jumbo Loans

Fannie Mae and Freddie Mac are expected to increase the loan limit for jumbo-sized loans. Some lenders are already allowing clients to borrow up to $400,000 with lower non-conforming interest rates. Could this mean big savings for you?