The Home Loan Mortgage Blog

Breaking News!

September 18th, 2024 12:40 PM by T. Fanning

Great news! The Fed has just announced a .50% cut to the Fed Fund Rate, which is double the .25% cut expected by most market experts. 

Additionally, some lenders are now accepting higher conforming loan amounts ahead of the official FHFA announcement. They are betting on an increase to around $803,000, a nice jump from the current $766,550. 

If you have any questions or need assistance, please let me know!


Company NMLS ID: 479289 | LO NMLS: 208694

CO License: 100008854

FL Company License: MBR4416 | FL License: LO89221

 

Regulated by the Colorado Division of Real Estate

www.nmlsconsumeraccess.org

Posted by T. Fanning on September 18th, 2024 12:40 PM

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