Wednesday, January 28, 2004

Loan Limits increased

Effective January 1, 2004 the conforming loan limits for single-family loans have been increased for Fannie Mae and Freddie Mac to $333,700. (This represents an increase from $322,700.) Due to the value of property in many California locations, these loan limits have a substantial effect on home buyers.

If you want to know more about these loans, visit the websites:
Fannie Mae and Freddie Mac.

In addition, we have information about special home buyer programs, including low down payment and no down payments, at La Canada Real Estate-Los Angeles Real Estate.

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