MORTGAGE NEWS TODAY

FHFA Announces Conforming Loan Limits for 2022

FHFA Announces Conforming Loan Limits for 2022

The Federal Housing Finance Agency (FHFA) today announced the conforming loan limits (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2022. In most of the U.S., the 2022 CLL for one-unit properties will be $647,200, an increase of $98,950 from $548,250 in 2021.

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What Every Homeowner Needs to Know About Renovation?

What Every Homeowner Needs to Know About Renovation?

Renovation might look like an easy task, but there are many dos and don’ts that come with it. A huge amount of work goes into renovating one room to the fullest before we move on to the next room. Did you know, as per reports 90% of the Americans wish to renovate their houses once in a lifetime?

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Due Diligence and its Importance While Buying Home?

Due Diligence and its Importance While Buying Home?

Due diligence sits at the crux of every decision you make. Whether you’re moving to another state or looking to make your next career move, knowing what’s-what is the most essential part of the decision. But there are certain things where one can’t survive without due diligence, and that’s real estate.

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Mortgage Rates Expected to Stay Low Till 2022

Mortgage Rates Expected to Stay Low Till 2022

It is no surprise then that the housing market generates this much interest. Also, given our recent economic history regarding the housing market, it is again no surprise that people are concerned about booms in the housing market.

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NMLS ID: 2003033    Lic: 60DBO-116526

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5010 Parkway Calabasas Suite 201, Calabasas, CA 91302

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Rates are subject to change without notice. Minimum Loan amount $200,000, California only. LendingPlace is a subsidiary of LendingPlace, Inc. NMLS ID: 2003033 licensed by DFPI Lic: 60DBO-116526.  Some loans are arranged in collaboration with Robbins and Lloyd Mortgage NMLS ID: 233138, licensed by CalDRE: 01896646. All rights reserved by LendingPlace Inc.