Conforming limits for 2009
For the 2009, we know the conforming loan limit is $417,000 and we know that the conforming high balance loan limit for most California counties will be $625,500. However what hasn't been announced yet by Fannie and Freddie is what if any rate adjustments there will be for the high balance conforming loans.
A few banks, speculated and started pricing the high balance conforming loans (like Wells Fargo), but its a gamble on good they can predict Fannie/Freddie's behavior.
Comments