http://www.mortgagenewsdaily.com/12202007_Jumbo_Loan_Limit.aspTreasury Secretary Henry Paulson announced Monday that he was in favor of temporarily lifting the dollar limit on loans purchased by Freddie Mac and Fannie Mae, allowing them to provide a market for so-called " jumbo mortgages ." Such a change, PaulsonenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/12202007_Jumbo_Loan_Limit.asp#9587Tue, 08 Jul 2008 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:9587AlexI dont know where you all live, but where I live the only house you can buy with the current limits are for the people with poor credit anyways. We have to pay about 750k for a nice home.(3000ft. 4 bed 21/2 bath) I dont believe we should be financing super homes, but why should we have to pay over 7% when they pay 6% or less. 1% difference pays for half of the prop. tax on the place. It makes a difference to us too! <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=9587" width="1" height="1">http://www.mortgagenewsdaily.com/12202007_Jumbo_Loan_Limit.asp#9584Sun, 06 Jan 2008 13:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:9584mortgage chicYes, it IS about time to raise the GSE limits. The secondary market is pretty much non existant right now... they aren&#39;t buying good loans OR bad loans. The lenders are depleting their liquidity by keeping these jumbos on their books, and soon, even the most eligible and deserving borrowers are going to have even more difficulty purchasing or refinancing. The ROE on government loans is nowhere near what it is when they are sold to secondary, but at least it&#39;s something...<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=9584" width="1" height="1">http://www.mortgagenewsdaily.com/12202007_Jumbo_Loan_Limit.asp#9586Sat, 22 Dec 2007 13:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:9586Austrian SchoolThe GSE charter was for affordable housing, not bailing out private banks at the tax payers expense on million dollar loans. The market needs even more artifically cheap loans like a drunk needs more booze. Its policies like these that make housing prices high in the first place, and now they want inflate prices even more?<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=9586" width="1" height="1">http://www.mortgagenewsdaily.com/12202007_Jumbo_Loan_Limit.asp#9585Fri, 21 Dec 2007 13:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:9585ConnieIt is about time for them to start thinking about this, but they should stop thinking and do it! California should be a high market state and the limits should reflect this.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=9585" width="1" height="1">http://www.mortgagenewsdaily.com/12202007_Jumbo_Loan_Limit.asp#9582Fri, 21 Dec 2007 13:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:9582realityThis is another bad idea. If a loan is worth writing then the private sector will do it. All this does is to allow more bad loans to be guaranteed by the U.S. tax payer. In my opinion they should close all of these government (Tax Payer guaranteed) programs before they become defaulting loan garbage dumps! The loan underwriting will only change if there is no bailout!<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=9582" width="1" height="1">http://www.mortgagenewsdaily.com/12202007_Jumbo_Loan_Limit.asp#9581Fri, 21 Dec 2007 13:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:9581AnonymousOh goodie! Just what I wanted for Christmas to pay for someone else&#39;s million dollar home. To the commenter above, get a clue, if the money to purchase these homes isn&#39;t available the prices will have to come down.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=9581" width="1" height="1">