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Federal Home Loan Mortgage Corp Pref Var (FMCCI)

OTC Markets
Currency in USD
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5.15
0.00(0.00%)
Closed

FMCCI Comments

This is the fourth consecutive year that the conforming loan limit has increased. Between 2006 and 2016, the FHFA held loan limits at $417,000. When loan limits were increased for the first time in 2017, it sparked enthusiasm across the mortgage industry as lenders expected it could lead to more people seeking home loans, because the lower loan limit forced many people to get jumbo loans that don’t always offer competitive financing.
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