Mortage Liquidity May Benefit Seacoast Real Estate Market

by Michael Bean

Fannie Mae and Freddie Mac today announced a major initiative to provide up to $200 billion of immediate liquidity to the mortgage-backed securities market.

This move, combined with recent increases to conforming loan limits for Seacoast mortgages may help the Seacoast real estate market shake off the doldrums that it has recently experienced.