February 1st – National Freedom Day
To most people, February 1st is viewed as the beginning of the Black History Month, but the day has a much deeper meaning. It all started in 1863 when the then-president Abraham Lincoln issued the Emancipation Proclamation, freeing the slaves. But, he knew that just a piece of paper would not be enough– leading to […]
Backing larger home loans now: What’s the game plan here Freddie Mac, Fannie Mae and FHA?
The Federal Housing Finance Agency during the third quarter of 2019 announced the maximum conforming loan limits for the mortgages to be acquired by Fannie Mae and Freddie Mac during this year. For the one-unit properties in 2020, the maximum conforming loan limit will be $510,400, an increase from $484,350 in 2019. This marks the […]
