FNM/FRE to discontinue jumbo-conforming

[cr]

I hope this is true and I hope 20% down payments become mandatory.

[Trojan4Life]

So, since there is not going to be a market to sell jumbo conforming loans, and since we all know the desirable neighborhoods in the SD area are priced considerably higher than the CAR-reported median of $373K, will we see prices pushed down even further in neighborhoods that we want to buy in? I think we will, which is why I’m still sitting on the sidelines waiting for the bottom to literally drop out of the San Diego housing market. It’s coming.

T4L

[Trojan4Life]

So, since there is not going to be a market to sell jumbo conforming loans, and since we all know the desirable neighborhoods in the SD area are priced considerably higher than the CAR-reported median of $373K, will we see prices pushed down even further in neighborhoods that we want to buy in? I think we will, which is why I’m still sitting on the sidelines waiting for the bottom to literally drop out of the San Diego housing market. It’s coming.

T4L

[Trojan4Life]

So, since there is not going to be a market to sell jumbo conforming loans, and since we all know the desirable neighborhoods in the SD area are priced considerably higher than the CAR-reported median of $373K, will we see prices pushed down even further in neighborhoods that we want to buy in? I think we will, which is why I’m still sitting on the sidelines waiting for the bottom to literally drop out of the San Diego housing market. It’s coming.

T4L

[Trojan4Life]

So, since there is not going to be a market to sell jumbo conforming loans, and since we all know the desirable neighborhoods in the SD area are priced considerably higher than the CAR-reported median of $373K, will we see prices pushed down even further in neighborhoods that we want to buy in? I think we will, which is why I’m still sitting on the sidelines waiting for the bottom to literally drop out of the San Diego housing market. It’s coming.

T4L

[Trojan4Life]

So, since there is not going to be a market to sell jumbo conforming loans, and since we all know the desirable neighborhoods in the SD area are priced considerably higher than the CAR-reported median of $373K, will we see prices pushed down even further in neighborhoods that we want to buy in? I think we will, which is why I’m still sitting on the sidelines waiting for the bottom to literally drop out of the San Diego housing market. It’s coming.

T4L

[Eugene]

Prices will be pushed down, and first-time buyers will be squeezed out (at least till the return of high-LTV private-jumbo and second mortgages, which may be never).

* if you’re sitting on a six-figure down payment, it’s best to wait till next summer or fall. Prices need to come in equilibrium with new lending conditions.
* if you have high income but not much savings, you have to buy NOW, it may be your last chance to buy in Encinitas or 4S Ranch, at any price.

[Eugene]

Prices will be pushed down, and first-time buyers will be squeezed out (at least till the return of high-LTV private-jumbo and second mortgages, which may be never).

* if you’re sitting on a six-figure down payment, it’s best to wait till next summer or fall. Prices need to come in equilibrium with new lending conditions.
* if you have high income but not much savings, you have to buy NOW, it may be your last chance to buy in Encinitas or 4S Ranch, at any price.

[Eugene]

Prices will be pushed down, and first-time buyers will be squeezed out (at least till the return of high-LTV private-jumbo and second mortgages, which may be never).

* if you’re sitting on a six-figure down payment, it’s best to wait till next summer or fall. Prices need to come in equilibrium with new lending conditions.
* if you have high income but not much savings, you have to buy NOW, it may be your last chance to buy in Encinitas or 4S Ranch, at any price.

[Eugene]

Prices will be pushed down, and first-time buyers will be squeezed out (at least till the return of high-LTV private-jumbo and second mortgages, which may be never).

* if you’re sitting on a six-figure down payment, it’s best to wait till next summer or fall. Prices need to come in equilibrium with new lending conditions.
* if you have high income but not much savings, you have to buy NOW, it may be your last chance to buy in Encinitas or 4S Ranch, at any price.

[Eugene]

Prices will be pushed down, and first-time buyers will be squeezed out (at least till the return of high-LTV private-jumbo and second mortgages, which may be never).

* if you’re sitting on a six-figure down payment, it’s best to wait till next summer or fall. Prices need to come in equilibrium with new lending conditions.
* if you have high income but not much savings, you have to buy NOW, it may be your last chance to buy in Encinitas or 4S Ranch, at any price.

[waitingpatiently]

So with this news what is this going to do to higher end homes (Fairbanks Ranch, RSF, Crosby’s)? Or do these homes get paid for with cash?

[waitingpatiently]

So with this news what is this going to do to higher end homes (Fairbanks Ranch, RSF, Crosby’s)? Or do these homes get paid for with cash?

[waitingpatiently]

So with this news what is this going to do to higher end homes (Fairbanks Ranch, RSF, Crosby’s)? Or do these homes get paid for with cash?

[waitingpatiently]

So with this news what is this going to do to higher end homes (Fairbanks Ranch, RSF, Crosby’s)? Or do these homes get paid for with cash?

[Author]

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