In a recent development in the mortgage industry, it has been announced that the multifamily loan purchase caps for both Fannie Mae and Freddie Mac are set to increase to $73 billion each in the year 2025. This marks a 4% rise from the levels seen in 2024, indicating a positive trend in the market for multifamily housing loans.
Key points from the announcement include:
– Multifamily loan purchase caps for Fannie Mae and Freddie Mac will reach $73 billion each in 2025
– This represents a 4% increase from 2024 levels
– The rise in caps reflects a growing demand for multifamily housing loans
– Industry experts are optimistic about the implications of this development for the mortgage market
You can read this full article at: https://www.housingwire.com/articles/fhfa-raises-multifamily-loan-caps-fannie-mae-freddie-mac/(subscription required)
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