For those that watch the mortgage market, last week the Fed raised the conforming loan limit to $417,000. This is a 16% jump from the current $359,650 limit. Loans above this ceiling are classified as jumbo and result in higher interest rates. Conforming loans qualify for purchase by Fannie Mae and Freddie Mac. For more information contact Jeff Kerr by phone at 773-326-0048, email, or visit www.Kerr-Properties.com.
-
The Author
Jeff Kerr is a real estate agent and member of full service real estate team chitownpropertygroup, affiliated with @properties, a leading brokerage in the Chicago area. He works with Chicago buyers, sellers, and developers. Learn more about Jeff and the services provided.
-
Work With Jeff
Reach out and make contact for all your real estate needs.
-
Jeff Kerr, ABR
773.326.0048 | Email
Mortgage & Finance
Chicago Life
Real Estate News
Real Estate Law
-
Subscribe
Keep in touch. Get the latest ChitownLiving updates via Email Alert or RSS Feed.
-
Get The Duds
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment