Rocket Mortgage and United Wholesale Mortgage — the nation's top 2 lenders — and at least 6 others are raising conforming loan limit to $625K ahead of FHFA announcement
Lenders are betting home prices kept rising in third quarter, and that they'll be able to sell bigger loans to Fannie and Freddie once conforming loan limit officially goes up on Jan. 1
Opinion
Declining affordability and rising income inequality take center stage
Real estate industry warns of credit crunch if thousands of homebuyers are moved into 'jumbo' territory
Fannie and Freddie excluded from proposal
Commentary: Sorry state of housing carries political weight
Senate lawmakers vote to restore Fannie, Freddie, FHA ceilings
Mortgage bankers see surge in demand for refinancings
Executive profile: J. Lennox Scott
Ceiling in high-cost markets would be cut to $625,000 this year
A plan to jumpstart homebuying
30- and 15-year fixed, 5-year ARM loans at new lows
$729,750 cap in high-cost areas will remain through Sept. 30, 2011
Senate bill amended to extend, expand credit
Obama administration backs higher loan limits