Mo’ Money, Mo’ Cheaper: Conforming Loan Limits Increase

by Alex Stenback on November 29, 2005

The limits for "conforming" loans were increased today. Essentially what this means is that you can borrow more money (now $417,000) at the lowest available, or "conforming," interest rates.

Rather than explain it further, we’re going to introduce a little feature we like to call the Worlds Laziest Post™, and point you over to Dan Green’s Mortgage Reports, whose taken the time to lay it all out for us:
· Limitless Limits for Loans [mortgagereports]
See Also:
· Fannie, Freddie Raise Conforming Loan Limits [bizjournals]

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