Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

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It’s Official: FHFA Confirms Loan Limit Boost to Almost $1M

The Federal Housing Finance Agency has announced a widely predicted increase in conforming loan limits that raises the size of loans that the federal government will back to nearly $1 million in high-cost areas. So reports Fox Business.

Fannie Mae2 280x280In places where the local median home values are more than 115% above the conforming loan limit, the new 2022 mortgage limit will be $970,800.

Elsewhere, the 2022 limit for mortgage loans backed by Fannie Mae or Freddie Mac next year will be $647,200 for single-family homes, up from $548,250 this year.

Read the full article from Fox Business.

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