Mortgage Rate Recap and Outlook for the Week Ending December 13, 2019

Inflationary pressure at the producer level and the manufacturing level are feebler than expected (reading based on the Producer Price Index) and this means that the demand for bonds will keep the yield chained. This then is good tidings for the mortgage market. We should also be looking very closely at the Consumer Spending data. It may provide a different argument. Consumer Spending is directly proportional to the growth of an economy. Mortgage bonds, being long-term securities, increase in their appeal when the economy is feebly placed. To extrapolate, higher consumer spending may…continue reading →

2020 Conforming Loan Limits for all the Counties in Texas (TX)

Conforming loan limits for all the Texas (TX) counties went up for 2020. Base conforming loan limit went up to $510,400. See below the list of all the counties in Texas with 2020 loan limits for 1, 2, 3, and 4 Unit properties. ANDERSON COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 ANDREWS COUNTY • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 ANGELINA COUNTY  • 1 Unit – $510,400 •…continue reading →

2020 Conforming Loan Limits for all the Counties in Oregon (OR)

Conforming (also called Conventional) loan limits for all Oregon (OR) counties went up for 2020 to $510,400. See below the list of all counties in Oregon with 2020 loan limits for 1, 2, 3, and 4 Unit properties. BAKER COUNTY 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 BENTON COUNTY 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 CLACKAMAS COUNTY 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 CLATSOP COUNTY 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit…continue reading →

2020 Conforming Loan Limits for all the Counties in New York (NY)

Conforming and High Balance loan limits for most New York (NY) counties went up for 2020. Base conforming loan limit went up to $510,400 and the High Balance loan limit went up to $765,600. See below the list of all the counties in New York with 2020 loan limits for 1, 2, 3, and 4 Unit properties. ALBANY COUNTY  • 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 ALLEGANY COUNTY  • 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 BRONX COUNTY  • 1…continue reading →

2020 Conforming Loan Limits for all the Counties in Nevada (NV)

Conforming (also called Conventional) loan limits for all the Nevada (NV) counties went up for 2020 to $510,400. See below the list of all counties in Nevada with 2020 loan limits for 1, 2, 3, and 4 Unit properties. CARSON COUNTY 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 CHURCHILL COUNTY 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 CLARK COUNTY 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 DOUGLAS COUNTY 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504…continue reading →

2020 Conforming Loan Limits for all the Counties in New Jersey (NJ)

Conforming and High Balance loan limits for New Jersey (NJ) counties went up for 2020. Base conforming loan limit went up to $510,400 and the High Balance loan limit went up to $765,600. See below the list of all counties in New Jersey with 2020 loan limits for 1, 2, 3, and 4 Unit properties. ATLANTIC 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 BERGEN 1 Unit – $765,6002 Unit -$980,3253 Unit -$1,184,9254 Unit – $1,472,550 BURLINGTON 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit…continue reading →

2020 Conforming Loan Limits for all the Counties in North Carolina (NC)

Conforming (also called Conventional) loan limits for most of North Carolina (NC) counties went up for 2020 to $510,400. See below the list of all counties in North Carolina with 2020 loan limits for 1, 2, 3, and 4 Unit properties. ALAMANCE COUNTY  1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 ALEXANDER COUNTY  1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 ALLEGHANY COUNTY  1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 ANSON COUNTY  1 Unit – $510,4002 Unit – $653,5503 Unit – …continue reading →

2020 Conforming Loan Limits for all the Counties in Georgia (GA)

Conforming (also called Conventional) loan limits for all Georgia (GA) counties went up for 2020 to $510,400. See below the list of all counties in Georgia with 2020 loan limits for 1, 2, 3, and 4 Unit properties. APPLING COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 ATKINSON COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 BACON COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 •…continue reading →

Mortgage Rate Recap and Outlook for the Week Ending December 6, 2019

Fresh US-imposed tariffs will come into effect in China on 15th December. Both the economies may lock a small part of the deal before this date. As witnessed of late, bond markets are more reactive to the Trade War than any domestic news. If such a deal comes through, expectations around the reduction of tariffs will set the scene for negativity in the bond market. The mortgage market, then, can only be expected to be reactive. Mortgage Rates: rates offer a mixed bag This week’s Mortgage Banking Associations’ (MBA) weekly rate survey reveals a mixed performance across the…continue reading →

2020 Conforming Loan Limits for all the Counties in Florida (FL)

Conforming (also called Conventional) loan limits for all Florida (FL) counties went up for 2020 to $510,400. See below the list of all counties in Florida with 2020 loan limits for 1, 2, 3, and 4 Unit properties. ALACHUA COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 BAKER COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 BAY COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3…continue reading →