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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

Freddie Mac Homesteps Fall 2010 Buyer Promotions

Fall Sales Promotion HomeBuyer Incentives**: 2-Year HomeProtect Limited Home Warranty*** Up to 4.0% actual buyer's closing cost! *Terms and Conditions for the Fall Sales Promotion Selling Agent Bonus Offer: The Fall Sales Promotion is available only

Freddie Mac Allows Refinancing of 125% of Homes Value

Freddie Mac announced Wednesday that it would offer loan-to-value ratios on home mortgage refinancings of up to 125 percent for qualified borrowers. The announcement comes as the Obama administration raised the maximum allowable loan-to-value (LTV) ratio

This Week in Northern Virginia Real Estate - 5/10/2009

It was another interesting week in Northern Virginia Real Estate. First please enjoy a 10% discount on Lowe's purchases up to $5,000 by clicking the Lowe's banner above. I am still seeing low inventory in the $200-400k price range in and around

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