2008 Conforming Loan Limit Announced By OFHEO

Washington, DC – Office of Federal Housing Enterprise
Oversight Director James B. Lockhart today announced the maximum 2008
conforming loan limit for single-family mortgages purchased by Fannie Mae
and Freddie Mac (the Enterprises) will remain at the 2007 level of
$417,000 for one-unit properties for most of the U.S.
Higher limits apply to Alaska, Hawaii, Guam and the U.S. Virgin Islands
as well as to properties with more than one unit.

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