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Conforming Loan lLimits

February 22, 2008

The economic stimulus package passed and everyone is asking when the conforming loan limits will increase. Well, the latest answer is July 1. But remember, the Fannie Mae and Freddie Mac conforming loan limits of $729,750 are temporary measure available 7/1/08 – 12/31/08 while it appears the Federal Housing Administration loan limit is a permanent measure.

More on this as I hear more.

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