YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
According to a news release, limits for single-family mortgages purchased by Fannie Mae remain at $417,000 for one-unit properties for most of the United States. Limits for multiunit loans for 2007 will be $533,850 for two-unit loans; $645,300 for three-unit loans; and $801,950 for four-unit loans. The 2007 loan limit for second mortgages will be $208,500.
Most loans Fannie Mae purchases are well below the conforming limit. The company’s average loan size for single-family properties in the first two quarters of 2006 was approximately $187,000.
Fannie Mae operates pursuant to a federal charter and is a New York Stock Exchange company under the symbol FNM. Fannie Mae works to expand access to homeownership for first-time buyers and is working to raise the minority homeownership rate in the United States to 55 percent.
[[In-content Ad]]
Dame Chiropractic LLC emerged as the new name of Harshman Chiropractic Clinic LLC with the purchase of the business; Leo Kim added a second venture, Keikeu LLC, to 14 Mill Market; and Mercy Springfield Communities opened its second primary care clinic in Ozark.
James River Church discontinues Assemblies of God affiliation
Springfield tapped as national host city for 2026 Route 66 centennial celebration
O'Reilly Automotive conducts layoffs
Prater's nomination for State Board of Education pulled by Kehoe
Schreiber Foods pauses $211M expansion in Carthage