Tag Archives: conforming loans

Higher New Home Sales, Mortgage Lending

The Mortgage Corner We wrote last week about unusually restrictive mortgage standards for conforming stalwarts Fannie Mae and Freddie Mac that are still wards of the US Treasury. Now we’ve learned that they are still doing almost record loan volumes. … Continue reading

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Home Sales Reach 10-year High

Financial FAQs Existing-home sales ran at a seasonally adjusted annual pace of 5.69 million, the National Association of Realtors said Wednesday. That was 3.3 percent above an upwardly-revised 5.51 million in December and 3.8 percent higher than a year ago. … Continue reading

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Conforming Mortgage Limits Rise for 2017

Financial FAQs The Federal Housing Finance Authority, or FHFA, just announced it is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017—the first such increase since 2006. The … Continue reading

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Conforming Mortgage Limits Rise for 2017

Financial FAQs The Federal Housing Finance Authority, or FHFA, just announced it is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017—the first such increase since 2006. This … Continue reading

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Why Not More Homes For Sale?

Financial FAQs Many Realtors and economists have been asking this question. Why such a low housing inventory? Total existing-home sales jumped 5.1 percent to a seasonally adjusted annual rate of 5.33 million in March from a downwardly revised 5.07 million … Continue reading

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CFPB Releases Borrower Guidelines

The Mortgage Corner The Consumer Protection Financial Bureau, set up as part of the Dodd-Frank Wall Street and Consumer Protection Act, has just published guidelines for mortgage borrowers to help them get the best possible terms. Knowing mortgage guidelines and … Continue reading

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Where Is Housing Affordable Anymore?

Financial FAQs How much salary do you need in order to afford the principal and interest payments on a median-priced home in your metro area? To find out, HSH.com, a mortgage data service, took the National Association of Realtors’ first-quarter … Continue reading

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