Industry News

Fannie, Freddie increase real estate loan limits

Changes take effect Jan. 1
Published on Nov 30, 2004

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by CareyBot

Freddie Mac and Fannie Mae may purchase single-family mortgage loans up to $359,650 effective Jan. 1, 2005, the Office of Federal Housing Enterprise Oversight announced today. The previous limit on single-family mortgage loans was $333,700. The increase in conforming loan ...