Category: Financial News

2019 FHA Loan Limits Will Be Raised
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2019 FHA Loan Limits Will Be Raised

The United States will see an increase in 2019 loan limits set by the Federal Housing Administration. Wealthier locations of the United States will have their loan limit raised to $726,525. This limit was previously set at $679,650. The floor will also be increased from $294,515 up to $314,827. Starting January 1st, 2019, these new...

Mortgage Rates Step Back
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Mortgage Rates Step Back

MCLEAN, Va., Aug. 16, 2018 (GLOBE NEWSWIRE) — Freddie Mac(OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that mortgage rates decreased slightly for the second consecutive week. Sam Khater, Freddie Mac’s chief economist, says mortgage rates remained mostly flat over the past week, which has been the dominant theme...

FHFA Announces Maximum Conforming Loan Limits for 2018
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FHFA Announces Maximum Conforming Loan Limits for 2018

Looking for a mortgage? Big or small, we do them all! Begin with getting a no obligation mortgage pre-approval or mortgage rate quote today! The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S.,...

HUD and Census Bureau Report New Residential Sales in September 2017
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HUD and Census Bureau Report New Residential Sales in September 2017

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today jointly announced the following new residential sales statistics for September 2017: NEW HOME SALES Sales of new single-family houses in September 2017 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly today by...