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Saturday, August 02, 2008 1:13 PM

President Bush Signs Mortgage Relief Bill

President Bush signed into law legislation that helps homeowners facing foreclosure and extended a lifeline to Fannie Mae and Freddie Mac. Highlights: a. Permanent increase of Fannie Mae & Freddie Mac loan limits to $625,000. The current limit of
Posted by Myriam Ramos | 7 Comments
Wednesday, June 25, 2008 3:48 PM

Fed holds rate at 2.0 percent

The Federal Reserve, navigating treacherous economic waters, decided on Wednesday to leave a key interest rate unchanged, bringing an end to a string of consecutive rate cuts. The central bank announced that it was keeping the federal funds rate, the
Posted by Myriam Ramos | 0 Comments
Friday, March 07, 2008 11:08 AM

New FHA and Fannie Mae Loan Limits for 2008

We have been waiting for some relief to our current market conditions and it arrived yesturday, March 6th. The new FHA and Fannie Mae, Freddie Mac conforming loan limits have been released by the U.S. Department of Housing and Urban Development. The new
Posted by Myriam Ramos | 6 Comments