With the increased loan limits on FHA and Fannie Mae/Freddie Mac loans set to expire at the end of 2009, congress passed a resolution extending the loan limit increase for another year. The loan limit increase is seen as crucial to keep the economic recovery on track and to bolster home sales and refinances throughout the country. President Obama is expected to sign the resolution next week.
Comments (0) Posted by G.R.A. Admin on Saturday, October 31st, 2009
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