Sentences with phrase «reduction on all conventional loans»
Just as of last week, Fnma and Fdmc initiated a loan to value reduction on all conventional loans to be reduced by 5 %... period, refi or purchase.
http://www.bloodhoundrealty.com/ Not exact matches
Recent reductions to the conforming loan limits by the federal government are already having an impact on mortgage liquidity according to early data from an NAR survey, which found that consumers who are now above the new lower conventional conforming loan limit are experiencing significantly higher interest rates and the need for substantially larger down payments.