davenlei_IHB
New member
So, I know that we have three general 30 year fixed products right now.
1) Conforming (max $417K)
2) Jumbo Conforming (max $621K?)
3) Jumbo (sky is the limit)
The jumbo conforming is from something the government passed to help high value areas not collapse. Is this 'program' ending anytime soon? If it is scheduled to end, will the government likely extend it again to stop the mid/upper range from collapsing?
1) Conforming (max $417K)
2) Jumbo Conforming (max $621K?)
3) Jumbo (sky is the limit)
The jumbo conforming is from something the government passed to help high value areas not collapse. Is this 'program' ending anytime soon? If it is scheduled to end, will the government likely extend it again to stop the mid/upper range from collapsing?