Mortgage Update

Dec. 5, 2017

New Freddie Mac/Fannie Mae Loan Limits Announced for 2018

Great news for Silicon Valley home buyers. Just last week, the Federal Housing Finance Agency (FHFA) announced new Freddie Mac and Fannie Mae loan limits. This should help more Silicon Valley buyers with their loan options going forward.

The FHFA recently announced new Fannie Mae loan limits for conforming loans in 2018 that should help many Silicon Valley homes with their next home purchase.

Freddie Mac/Fannie Mae Loan Limits

As of October 2017, San Jose ...

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Oct. 12, 2016

How to protect your Silicon Valley Home Equity?

Sipping coffer planning the future

To protect your Silicon Valley Home Equity, Let's First Define What Is Home Equity.

Home equity seems to be a very simple calculation — the total amount of mortgages owed subtracted from the current market value of a home. Here is a simple example:  

 

Current Home Market ...
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June 26, 2011

Silicon Valley Mortgage Update 06-26-2011

Silicon Valley Mortgage Update 06-26-2011

We’ve all seen the headlines; across the country home values are down. Fortunately, we’re not interested in homes in Las Vegas and Detroit. They have little impact or bearing on our situation here in Silicon Valley, except one: the average buyer’s psychology and “feeling” about ...

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Posted in Mortgage Update