This would allow thousands of folks to refinance their homes to a
lower payment, and also make home ownership easier for people in high
cost areas like California.
Check out the article here
http://www.desicrazy.com/2008/01/24/economic-stimulus-package-means-jumbo-loan-limit-increased-to-730k-many-previously-jumbo-loans-are-now-conforming-and-cheaper/