Loan Limits Raised in Four California Countires

LOAN LIMITS RAISED IN FOUR CALIFORNIA COUNTIES BY FANNIE, FREDDIE Source: LA Times As a result of rising home prices, Fannie Mae and Freddie Mac have announced adjustments on the upper limits of loans for four counties in the state of California. The adjustments include: Napa at $615,250, up from $592,250; Ventura at $603,750, up from $598,000; San Diego at $562,350, up from $546,250; and Monterey at $502,550, up from $483,000. Also, 42 other counties across the nation will see their upper limits increased.