Todd Thomas Realtor

Doesn’t suck.

Headed up Temu users. Just noticed there is a ~150% import fee.

The math works always. Stop paying rent and own. The math is significantly in your favor

Good News for homebuyers. Need help? Please reach out anytime. C.A.R. Applauds FHFA for Raising Conforming Loan Limits

C.A.R. recently issued a statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to increase the 2023 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $726,200 on one-unit properties and a cap of $1,089,300 in high-cost areas. The previous loan limits were $647,200 and $970,800, respectively.

“C.A.R. applauds the FHFA for its continued commitment to homeownership by increasing the conforming loan limits. The higher limits will help make homeownership more accessible to Californians across the state and provide homebuyers with more financing opportunities,” said C.A.R. President Jennifer Branchini, a Bay Area REALTOR®. “This year in California, nearly one out of every four homes sold between $1.25 million and $2 million were purchased by first-time homebuyers,” Branchini said.

C.A.R. and the NATIONAL ASSOCIATION OF REALTORS® (NAR) both have long advocated for loan limits that reflect an area’s cost of housing. As a result of C.A.R.’s and NAR’s efforts, areas with high median home prices have benefited from a loan limit above the national conforming loan limit.

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DRE 01957848
714-213-0921

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