Nov
04
San Clemente Mortgage: Loan Limits Extended For 2010
BySan Clemente Mortgage: Loan Limits Extended For 2010:
Congress recently acted to keep the existed loan limits through 2010:
Regular Conforming Loan Limits: $417,000
Temporary Conforming Jumbo: $729,750
For high cost cities such as San Clemente, this is especially good news. According to Dataquick, the average sale amount was $638,875 for October, 2009. Since Jumbo mortgages vary in interest rate and underwriting requirements, this should help keep some stability in the market for home buyers and those looking to refinance.
MC
Matthew Cady
Hey there , i wanted to stop and say thanks for that blog post this is one of the best websites ive found in a long time.