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Fannie Mae, Freddie Mac to Back Home Loans of Nearly $1 Million as Prices Soar
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WASHINGTON—The federal government is about to back mortgages of nearly $1 million for the first time.
The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac are expected to jump sharply in 2022, a reflection of the rapid appreciation in home prices nationally over the past year.
Read more on wsj.comAbout this in other media
Fannie Mae, Freddie Mac to Back Home Loans of Nearly $1 Million wsj.com /3 years ago
Fannie Mae, Freddie Mac to Back High-Cost Home Loans of Nearly $1 Million wsj.com /3 years ago
Of home loans, EMIs and property insurance financialexpress.com /3 years ago
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