Monday, October 03, 2005

Higher Conforming Home Loan Limits

Alexiou Real Estate, Inc. is happy to announce higher conforming loan limits for California effective October 4th, 2005.
The new higher loan limits are as follows:
  • 1 Unit $400,000
  • 2 Units $512,000
  • 3 Units $618,900
  • 4 Units $769,100

That represends an increase of $40,350 in a single family conforming home loan limits. What does this mean to you the consumer? Up to 0.50% lower interest rate, which represents a lower monthly payment savings of up to $131 on a 30 year $400,000 mortgage.

Visit us at San Diego Real Estate Homes for Sale San Diego Mortgage Home Loan and click on Interest Rates to view today's rates for San diego County. Click on Search San Diego Homes, to search all MLS homes listed for sale in San Diego County.

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