Are New Loan Limits for Fannie and Freddie Too High?
Orange County Register, Dec. 2, 2021–Jeff Lazerson
You now can buy a $1,021,895 home in Los Angeles and Orange counties with as little as 5% down and still get a loan backed by Fannie Mae or Freddie Mac. There is potentially no better, and no more dangerous, a tool in the home buyer’s toolbox than mortgage finance leverage. (MBA mention)