Today news
About the same in other media
Fannie Mae, Freddie Mac to Back Home Loans of Nearly $1 Million
Reading now: 585
WASHINGTON—Starting next year, home buyers in high-cost areas of the country will be able to borrow nearly $1 million for a mortgage loan backed by the government, a reflection of the rapid appreciation in home prices nationally.
The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac will jump to $970,800 in high-cost markets such as parts of California and New York, up from $822,375 this year, the Federal Housing Finance Agency said Tuesday.
Read more on wsj.comAbout this in other media
Biden to Nominate Sandra Thompson to Lead Fannie and Freddie’s Overseer wsj.com /3 years ago
YOUR QUERIES: LOANS: Can you apply for a top-up education loan but for the same course? financialexpress.com /3 years ago
Macron meets political adversary Orban ahead of France's EU presidency euronews.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
