Tax reform is now in place. What does this mean to you and real estate? 

It was announced today by Fannie Mae and Freddie Mac that they are increasing the conforming loan limits from $424,100 to $453,100. In high cost areas such as the Bay Area, the loan limits will go from $636,150 to $679,650. For a complete break down of each county loan limit, please email me.

As you may have heard, there was a security breach at Equifax that has affected 143 million people. What should you do?

1. Check to see if you were one of the people affected. Go to : https://www.equifaxsecurity2017.com/potential-impact/

2. Sign up for extra protection. Companies like LifeLock can help monitor your credit and any checks that are made.

3. Put a freeze on your credit report. Before anyone can check your credit, you will need to un-freeze your credit.

o Experian Freeze: https://www.experian.com/freeze/center.html

Equifax Freeze: https://www.freeze.equifax.com/Fre…/…/SFF_PersonalIDInfo.jsp

Transunion Freeze: https://www.transunion.com/credit-freeze/place-credit-freeze

4. Check your credit. You can obtain a free credit report at AnnualCreditReport.com Here are some additional information regarding the security breach. Should you have any questions, please do not hesitate to reach out.

Wired: https://www.wired.com/story/how-to-protect-yourself-from-that-massive-equifax-breach/

The New York Times: https://www.nytimes.com/2017/09/07/business/equifax-cyberattack.html?mcubz=0&_r=0

CNN Money: http://money.cnn.com/2017/09/07/technology/business/equifax-data-breach/index.html

Fannie Mae is in the holiday spirits this week as they are making some changes to their guidelines. To get a full update of changes, please request at www.TheSartipiGroup.com/Contact

A question that comes up a lot is how does my interest rate affect my buying power? If rates were to rise, how much home can someone now afford. This quick video will show you and example of how rising mortgage interest rates can affect how much home you can purchase.

What changes you should expect from Fannie Mae on August 16th. New loan program.

Good Morning America's Sam Champion uses a picture I took from this past weekend's heat during one of his weather segments.

Kaveh Sartipi * NMLS #247776 Mason-McDuffie Mortgage KSartipi@Sartipi.com

Kaveh Sartipi * NMLS #247776 Mason-McDuffie Mortgage KSartipi@Sartipi.com www.The680Lender.com

How is the the government shutdown affect real estate and your home loan process and why you should look at Mason-McDuffie Mortgage to help you during this time.