Fannie, Freddie increasing mortgage loan limits

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  • Fannie, Freddie increasing mortgage loan limits
    Fannie, Freddie increasing mortgage loan limits

    Assuming a borrower gets the average 30-year fixed rate on a conforming $453,100 loan, last year’s payment was $259 lower than this week’s payment of $2,391. (AP Photo/David Zalubowski, File) What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news […]