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QuoteLoanRates is the authority when searching for loan, mortgage, interest only, calculator, interest rate, loans online, loan company, loan rates, loans direct, interest only loan, mortgage rate, calculators, interest only loans, mortgage rates, equity loan, no money down loan, loan consolidation, loans for bad credit, or loan information.
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| Mortgage News Articles |
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Conventional Loan Limits Increased For Freddie and Fannie |
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The Office of Federal Housing Enterprise Oversight (OFHEO) announced on Tuesday
that new limits will apply for loans that can be purchased by
the two Government Sponsored Enterprises for which it has oversight.
Effective January 1, 2006, Freddie Mac and Fannie Mae will be able to purchase
single family home mortgages up to a limit of $417,000. This is an increase
of 16+ percent from the $357,650 cap for 2005.
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Publish Date: 12/02/2005
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