“Raising conforming limits is virtually pointless b/c down payments are back and most people looking at $500k+ homes don’t have $100k+ in the bank.”
Hey, it’s San Diego, everybody has at least that much in the bank. Don’t you know that everyone here is a VP of Engineering at Qualcomm or some no-name biotech burning private equity / vulture capital money?? Come on now, enough with the silly doom talk.
