[quote=donaldduckmoore]HLS, what is a loan limit as $546250? Is that a conventional loan limit that was $417000?[/quote]
Quack:
The $417K limit still exists for best pricing.
Above $417K is the new “Fannie Mae High Balance 30-Year Fixed”
Loan limits are based on county: SD is $546,250,
LA/OC is $625,500, Riverside limit is $417K
Rates are only a bit higher than $417K
If rates get to 2%-3%, some people will hold out for 1%
[quote=donaldduckmoore]HLS, what is a loan limit as $546250? Is that a conventional loan limit that was $417000?[/quote]
Quack:
The $417K limit still exists for best pricing.
Above $417K is the new “Fannie Mae High Balance 30-Year Fixed”
Loan limits are based on county: SD is $546,250,
LA/OC is $625,500, Riverside limit is $417K
Rates are only a bit higher than $417K
If rates get to 2%-3%, some people will hold out for 1%
[quote=donaldduckmoore]HLS, what is a loan limit as $546250? Is that a conventional loan limit that was $417000?[/quote]
Quack:
The $417K limit still exists for best pricing.
Above $417K is the new “Fannie Mae High Balance 30-Year Fixed”
Loan limits are based on county: SD is $546,250,
LA/OC is $625,500, Riverside limit is $417K
Rates are only a bit higher than $417K
If rates get to 2%-3%, some people will hold out for 1%
[quote=donaldduckmoore]HLS, what is a loan limit as $546250? Is that a conventional loan limit that was $417000?[/quote]
Quack:
The $417K limit still exists for best pricing.
Above $417K is the new “Fannie Mae High Balance 30-Year Fixed”
Loan limits are based on county: SD is $546,250,
LA/OC is $625,500, Riverside limit is $417K
Rates are only a bit higher than $417K
If rates get to 2%-3%, some people will hold out for 1%
[quote=donaldduckmoore]HLS, what is a loan limit as $546250? Is that a conventional loan limit that was $417000?[/quote]
Quack:
The $417K limit still exists for best pricing.
Above $417K is the new “Fannie Mae High Balance 30-Year Fixed”
Loan limits are based on county: SD is $546,250,
LA/OC is $625,500, Riverside limit is $417K
Rates are only a bit higher than $417K
If rates get to 2%-3%, some people will hold out for 1%