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FHFA Raises Conforming Loan Limits, Cites Rising House Prices

First-time homebuyers can borrow higher loan amounts as the Federal Housing Finance Agency raises the conforming loan limits on mortgages sold to Fannie Mae and Freddie Mac in 2017. As Bloomberg noted, this gives a new meaning to jumbo loans. Show More Summary

Degrees of debt: The downside of federal student loans

Dear Liz: Are federal student loans turned over to a collection agency still collectible after 20 years? Answer: Yes. Very much so. There is no statute of limitations on federal student loans, which means collectors can come after you until you pay or die, whichever comes first. Statutes of limitations...

2017 VA Loan Limits for Washington State

Loan limits for VA mortgages have been announced and, like last year, will follow the conforming loan limits. Technically, VA loans do not have limits like conforming and FHA mortgages. The “loan limit” that is referred to with a VA loan is highest loan amount a Veteran can borrower without making a down payment. It’s […]

Your Money Adviser: Conventional Home Mortgage Loan Limit to Rise Next Year

In another sign of a recovering housing market, the government will increase the amount that can be borrowed before loans become “jumbo” mortgages.

2017 FHA Loan Limits for Washington State

HUD has just announced FHA loan limits for 2017. Loan amounts were increased for all Washington counties EXCEPT for Chelan, Callam, Douglas, Jefferson, San Juan and Skagit which have the same FHA loan limits as 2016. Here is a complete list of FHA loan limits for all counties in Washington Chelan County 1 Unit: $342,700 2 […]

BREAKING NEWS: 2017 FHA Loan Limits increased for Greater Seattle area

HUD has updated their website with the 2017 loan limits for FHA mortgages. King, Pierce and Snohomish counties will match the 2017 conforming high balance loan limits. Other Washington state counties have increased loan limits as well. I will publish a complete list soon. King County, Snohomish County and Pierce County: One Unit: $592,250 Two […]

FHFA increases Confirming Loan Limits

This was announced Wednesday. From Jann Swanson at MortgageNewsDialy.com: FHFA Ups Conforming Loan Limit to $424,100 After leaving them in a holding pattern for 10 long years the Federal Housing Finance Agency (FHFA) has raised conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac. Show More Summary

Fannie-Freddie Conforming Loan Limits Increasing for First Time in a Decade

Even with the worst post-recession wage growth since 1965, national home prices are back to June 2007 levels The post Fannie-Freddie Conforming Loan Limits Increasing for First Time in a Decade was originally published at The Wall Street Examiner. Follow the money!

2017 Conforming Loan Limits for Washington State

Conforming loan limits are getting their first increase in ten years. Conforming high balance areas for King, Snohomish and Pierce counties have have higher limits for 2017 as well. San Juan County’s high balance conforming loan limit is unchanged from 2016. King County, Snohomish County and Pierce County: One Unit: $592,250 Two Unit: $758,200 Three […]

BREAKING NEWS: Conforming Loan Limits INCREASED for 2017

Conforming loan limits have been increased for 2017.  The last time conforming loan limits were raised was in 2006. High balance conforming loan limits for the greater Seattle area have been raised as well. Here are the new conforming loan limits effective January 1, 2017. One Unit: $424, 100 Two Unit: $543,000 Three Unit: $656,350 […]

FHFA raises conforming mortgage loan limit to $424,100

The FHFA raised the conforming loan limit from $417,000 to $424,100, the first increase since...

Sky’s The Limit? Big Bank Lending for Small Businesses Just Keeps Climbing

According to the Biz2Credit Lending Index October 2016 report, small businesses have been getting more big bank loan approvals than ever before.

Is it time to raise the limit for jumbo housing loans?

The maximum conforming mortgage limit has been stuck at $417,000 for 10 long years. The Housing and Economic Recovery Act (2008) forbade any increase in the conforming loan amount -- until U.S. home prices had recovered to pre-crisis levels. Now they have. Will the conforming limit rise...

WHY IT MATTERS: Student Debt

More Americans are getting buried by student debt — causing delays in home ownership, limiting how much people can save and leaving taxpayers at risk as many loans go unpaid. President Barack Obama's Council of Economic Advisers issued...Show More Summary

Your Money Adviser: Understanding the Terms of Your Student Loans

A new report finds that students aren’t borrowing the federal limit before seeking private or state loans, which tend to have costlier terms.

Goldman’s Online Lender, Marcus, Opens (to Those With the Code)

Named for Goldman’s founder, Marcus will offer loans to the general public. But initially applications will be limited to people who receive a special code in the mail.

United Nations Takes on Worldwide Ageism

2 months agoHealth / Aging : Time Goes By

”While older persons are often said to enjoy particular respect, the reality is that too many societies limit them, denying access to jobs, loans and basic services. The marginalization and devaluing of older persons takes a heavy toll... “Ageism frequently...

WHY IT MATTERS: Student Debt

THE ISSUE: More Americans are getting buried by student debt — causing delays in home ownership, limiting how much people can save and leaving taxpayers at risk as many loans go unpaid. The statistics look daunting. … Click to Continue »

A Conservative Way on Infrastructure

By Adam Brandon It is easy to forget that bad policy ideas aren’t limited to one particular political party. Recently, Hillary Clinton proposed $275 billion in infrastructure spending over five years and $225 billion in loan programs through a national infrastructure bank. Show More Summary

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