About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
Filed under Government Mortgage Financing Programs News

We get this quote from a recent article over at consumeraffairs.com:

NAR President Richard Gaylord said he is encouraged with plans to increase conventional loan limits.

“Higher limits for FHA loans, which go into effect March 14, will be a big help to first-time buyers in high-cost markets. Higher limits for conventional loans purchased by Freddie Mac and Fannie Mae will take a bit longer – when they become available, high-income, creditworthy borrowers in high-cost areas will have access to affordable and safer financing, and that will help unleash pent-up demand,” he said.

Comments (0) Posted by G.R.A. Admin on Thursday, February 14th, 2008


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