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High Cost Mortgages Just Got Cheaper

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Author High Cost Mortgages Just Got Cheaper
Sheriff
4087 posts
 View Profile for Sheriff author 		 posted 3/7/2008 12:04:08 PM          reply
 
Feds just figured that this housing market is not going anywhere, so they need to help moving more expensive houses. Here's the news:

High Cost Mortgages Just Got Cheaper, on money.cnn.com

Basically, loan amounts that qualify as "Jumbo" loans were increased. It is loans that are considered large, they also carry extra load (in % points). The amounts were increased, article above has new limits.
 
  Topic Author Post Date Reply
  High Cost Mortgages Just Got Cheaper Sheriff  3/7/2008 12:04:08 PM  Reply to Post reply
  High Cost Mortgages Just Got Cheaper Serega13  3/7/2008 1:21:18 PM  Reply to Post reply

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