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Saturday, November 19, 2011 8:19 AM

Friday Mortgage Brief - Friday, November 18, 2011

The Friday Brief Congress Increases the Ceiling on Size of Mortgages Wall Street Journal (11/18/11) P. A6 Zibel, Alan Capitol Hill legislators on Nov. 17 took aim at raising the maximum size of home loans that can be guaranteed by the FHA. Lawmakers passed
Posted by Kim Darwaza | 0 Comments
Wednesday, October 26, 2011 12:13 PM

Senate Approves Extending Higher Loan Limits

This is critical to the Northern Virginia Real Estate market. I have really been concerned about how the decrease in the loan limits would affect our market place. On Oct. 1, these elevated limits dropped to $625,500 from $729,750 in the most expensive
Posted by Kim Darwaza | 0 Comments
Friday, May 27, 2011 9:24 AM

NAR President Testifies to Congress on GSE, QRM & Proposed Loan Limit Reductions

WASHINGTON (May 26, 2011) – The National Association of Realtors® supports a secondary mortgage market model with some level of government participation that would protect taxpayers and ensure that creditworthy consumers have access to affordable
Posted by Kim Darwaza | 0 Comments
Wednesday, October 06, 2010 9:51 AM

Conforming Loan Limits Extended Through September 2011

The conforming loan limits were extended through September 2011 which is great news for the Northern Virginia Housing Market. The Senate and House passed H.R. 3081 last Thursday which contains a provision extending the existing loan limits for Fannie
Posted by Kim Darwaza | 0 Comments
Wednesday, August 19, 2009 8:39 AM

1st Time Homebuyer Seminar - August 29th - Herndon, VA

You're Invited to Attend a FREE First Time Homebuyer Seminar Why wonder what it takes to buy a home in today's real estate market when you can get solid information? Our workshop will help you become a confident, educated homebuyer! Please view
Posted by Kim Darwaza | 0 Comments
Attachment(s): Homebuyer SeminarGrantElden with Kim's picture.pdf
Sunday, May 10, 2009 7:14 AM

Freddie Mac Loan Options & Refinance Programs - Avoid Foreclosure

A friend of mine that works at Freddie Mac sent me an email with the following useful information. It has great information on when it is worth while to refinance even if you are not in trouble but just want to reduce your rate. I think the hardest qualification
Posted by Kim Darwaza | 0 Comments
Thursday, April 30, 2009 8:37 PM

This Week in Northern Virginia Real Estate - 4/30/2009

The 200-400k price range inside and around the beltway is still very hot right now. There was a property that came on the market Monday night in Burke. I showed it Tuesday afternoon around 3:30 and there were two other agents showing the property when
Posted by Kim Darwaza | 0 Comments
Thursday, April 23, 2009 1:36 PM

Move-Up Buyers - THE TIME IS NOW!

Now that the conforming loan limits are over $700k in Northern Virginia it is a great time to move-up. The $8k first time homebuyer credit stimulated the $200-400k price range in the close in suburbs of DC. The window for low pricing is definitely closing
Posted by Kim Darwaza | 0 Comments
Friday, April 17, 2009 1:00 PM

New Conforming Loan Limits in Effect - $729,750 in Northern Virginia

New loan limits for "conforming plus" loans are in effect as of today. The loan limit varies by county, but in DC and contiguous counties the limit is now $729,750. · On primary residences, banks can lend up to 90% LTV with 700+ credit
Posted by Kim Darwaza | 0 Comments