Prompted by a massive rise in home prices over the last year, Fannie Mae and Freddie Mac are reportedly planning to revise the maximum size of the mortgages they’re prepared to back next year. According to the Wall Street Journal, the government sponsored entities are willing to increase their loan limits to almost $1 million
Fannie Mae & Freddie Mac to raise loan limits to almost $1 million in some areas
November 19, 2021 by
