Bob Linebaugh's (jlinebaugh) Blog

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Mortgage and Lending - Group One Mortgage
RECENT BLOG POSTS
Well with 5 days all of the mortgage conduits are now accepting the higher FHA and FAMMIE MAE limits. They where only a week behind the announcement. But the rates are check going nuts - up and down and up and down.  Being ion the business for over 25 years I have nver seen them move so fast, so ...
03/14/2008
1 Comments
An hour after posting my last BLOG - sure enough we have a few lender conduits sent out that they where accepting the new loan limits and that we can now lock loans with them. Timing I guess is everything! Bob
03/12/2008
THe new FHA and FNMA limits are great - but all of the FHA nad FANNIE MAE conduits are still holding off on letting us lock rates and programs based on the new limits. We are having borrowers calling because they read in the paper about the new limits - but we can't do anything yet.  I just wish ...
03/11/2008
8 Comments
The FHA limit has been increase to $423,750.00 in Palm Beach COunty and $375,000.00 in Martin and Port St.Lucie.  This should really help a lot of people buy a home - since prices are coming down and loan limits are going up! Thank you FHA!
03/07/2008
Rainer
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Bob Linebaugh

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