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December 2013

Found 2 blog entries for December 2013.

By Keith Loria

After much debate and worry in the industry, the Federal Housing Finance Agency decided that the 2014 maximum conforming loan limits for mortgages acquired by the government-sponsored enterprises Fannie Mae and Freddie Mac, will remain at $417,000 for one-unit properties in most areas of the country.

In its simplest explanation, the Housing and Economic Recovery Act (HERA) of 2008 establishes the maximum conforming loan limit that Fannie Mae and Freddie Mac are permitted to set for mortgage acquisitions and requires annual adjustments to these limits to reflect changes in the national average home price.

Policymakers were contemplating a reduction in the maximum size of home loans that Fannie Mae and Freddie Mac were allowed to

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The beautiful panoramas of the Engandine Valley, the proximity to the highest slope in the Eastern Alps, and the near-certainty of good quality snow have ensured St. Moritz’s popularity with the jet set for over a century. The resort played host to the Winter Olympics in 1928 and 1948, while its Engadin Ski Marathon attracts roughly 11,000 entries each year.St. Moritz

So it only makes sense that skiing would be the most popular activity among those living in St. Moritz. The ski region there is divided into four sectors, with 57 lifts serving the slopes. Intermediate skiers have a good selection of runs on either side of the town in the form of Corvatsch – across the valley – and Corviglia, which looms above the resort. There are also plenty of day trips offered

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