SHANNON VINNICK
Sales Associate/REALTOR®
Realty Executives Oceanside
As you may have heard, The Federal Housing Finance Agency (FHFA) made the announcement that the 2017 conforming loan limit for mortgages acquired by Fannie Mae and Freddie Mac will be increased nationwide from $417,000 to $424,100.
The new loan limits will be effective on January 1, 2017. This is the first time the maximum loan limits have been increased since 2006. Loans through the end of the year will need to comply with the 2016 limits, but loans closing in 2017 will be eligible for the new loan limits.
HOUSE PRICES WENT UP..... HERA recognised. Watch the video linked below in image~
To learn more about how this announcement may help homebuyers secure the home of their dreams in the New Year, I would love to talk with you. In the meantime, use the Interactive Map below.
