FREDDIE MAC ANNOUNCES 2007 LOAN LIMITS

McLean, VA – Freddie Mac today announced that its loan purchase limits for 2007 will remain unchanged from those in effect for 2006. Loan purchase limits are the maximum original loan amounts allowed on single-family conventional mortgages purchased by the corporation.

The loan limits for first mortgages will continue to be:

$417,000 for mortgages on one-family properties;
$533,850 for mortgages on two-family properties;
$645,300 for mortgages on three-family properties; and
$801,950 for mortgages on four-family properties.

The loan limit for subordinate lien mortgage loans remains at half of the 1-unit loan limit for first mortgages, or $208,500.

Maximum original loan amounts are 50 percent higher for first mortgages on properties in Alaska, Hawaii, Guam and the US Virgin Islands, according to Freddie Mac's charter.

Conforming Loan Limits
	2005	2006	2007
One-family	$359,650	$417,000	$417,000
Two-family	$460,400	$533,850	$533,850
Three family	$556,500	$645,300	$645,300
Four family	$691,600	$801,950	$801,950

Freddie Mac is a stockholder-owned company established by Congress in 1970 to support homeownership and rental housing. Freddie Mac fulfills its mission by purchasing residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than four million renters in America.

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