As you can see in the chart of the 10 year note, the long term rates have jumped pretty hard starting just before Christmas. Today the Federal Reserve's meeting notes shows their aggressive approach to normalizing interest rates. The Fed already announced they will be doubling tapering amounts ... » Learn More about Double Hit on Mortgage Rates From Fed and FHFA
Mortgage Rates
The History of Freddie Mac and Fannie Mae Conforming Interest Rates
The recent conforming loan limit increase announcement from the Federal Housing Finance Agency (FHFA) for 2022 was the largest in percentage terms and in the actual amount historically. The attached list reflects the conforming loan amounts going back to 1980. The maximum loan limits are based ... » Learn More about The History of Freddie Mac and Fannie Mae Conforming Interest Rates
Newly Released Conforming Loan Limits For 2022
Over the past month, some lenders have rushed to fund loans with a higher conforming loan amount in advance of the actual official release from the Federal Housing Finance Agency (FHFA). The preliminary $625,000 loan amount was shy by a fair amount. Obviously, the lenders were being conservative ... » Learn More about Newly Released Conforming Loan Limits For 2022
Mortgage Rates History Over Last 90 Days Based on Loan Program November 16 2021
Mortgage rates have been trickling higher since the Federal Reserve indicated that they'll be starting the tapering of their purchase of mortgage-backed securities and long duration notes this month by $15B a month. The chart showing the impact of the loan to value and credit score reflect higher ... » Learn More about Mortgage Rates History Over Last 90 Days Based on Loan Program November 16 2021
San Fernando Valley Single Family Dwelling Income to Loan Guide October 2021
If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me Ron Henderson GRI, SRES, SFR, RECS, CIASPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about San Fernando Valley Single Family Dwelling Income to Loan Guide October 2021