Tuesday, December 8, 2009

More Good Loan News

Conforming Loan Limits Extended Through 2010.

The limits will be $417,000 for most areas in the U.S. and $729,750 for high-cost areas, including many in California.

This means that the lowest interest rates locally (currently under 5%) will remain in effect up $729,750 rather than drop back down to $417,000.

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