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Fannie Mae Will Raise Debt To Income Limits in July

Posted on Posted in Buying, In The News

If you have been wanting to purchase a new home, but afraid your debt to income ratio is too high, there may be some relief coming your way.  Fannie Mae will be raising its Debt to Income (DTI) ceiling from the current 45 percent to 50 percent as of July 29.

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One thought on “Fannie Mae Will Raise Debt To Income Limits in July

  1. In a recent study, Fannie Mae researchers looked at more than a decade and a half of data from borrowers with debt-to-income ratios in the 45 percent to 50 percent range. They found that a significant number of these borrowers had good credit and were not prone to default.

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