Category Archives: Interest Rates

Jumbo Loans to take a hit?

Posted on April 27, 2011 by Randy Tibbetts

Jumbo loan requirements are expexted to change in the next few months. The max loan amount for a Jumbo that is backed by Fannie Mae and Freddie Mac is scheduled to drop from $729,750 down to $625,500. This is supposed to take place after October 1st 2011. These drops may make it harder for home… Read More… Continue reading →

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Feds Keep Interest Rates low

Posted on April 27, 2011 by Randy Tibbetts

The Fed chairman, Ben Bernanke, will be answering questions from the press today about the state of the economy. This is the first time in the history of the Federal Reserve that a chairman is holding a scheduled news conference. Coincidentally the fed’s policy setting committee issued a statement two hours before the press conference… Read More… Continue reading →

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