Last month I posted Are Foreclosures Coming to the Luxury Market? Well apparently they are. In an article from Housing Wire, Fitch Ratings reported on jumbo mortgages (where the initial principal amount is above the $417,000 conventional loan limit set by Fannie Mae and Freddie Mac. In higher-priced markets the limit is $729,750): The new [...]
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The SHI
SHI (shē) n. the spiral adopted by Keeping Current Matters that symbolizes the continuous change of real estate and its current practices.
The KCM Connect
