woman getting a mortgage loan

Mortgage Limits Have Increased: What Does It Mean for Homebuyers?

Fannie Mae and Freddie Mac broke the Internet (sort of) recently when they announced that they are backing loans worth almost a million dollars in high-cost markets starting 2022. It partly caused their stock prices to rise. While it sounds like fantastic news, what does it exactly mean for homebuyers? Will it increase their interest rates? …

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