Industry NewsMortgage

Jumbo conforming rates come down to earth

GSEs, NAR urge extension of higher limits
Published on May 23, 2008

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by CareyBot

Jumbo conforming loans eligible for purchase by Fannie Mae and Freddie Mac are now available at nearly the same interest rate as conventional, conforming loans, executives at the companies told lawmakers this week. But the credit crunch is keeping rates ...

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