Is the government talking about raising the loan limit on FHA home loans for this year?

Posted on Oct 26, 2012 in FHA Information

Question by crzyaltego: What are current 30 year mortgage rates at?
If you get a cosigner with great credit can you get a much better deal than if you have a limited credit history.

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Answer by Molly R
Check into an FHA mortgage

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Question by Debbie V: Is the government talking about raising the loan limit on FHA home loans for this year?

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Answer by Real Estate Guru
Yes they are..mainly because in states like New York and California, sildenafil it will be necessary to get people into cheaper homes that they can afford…but FHA high-loan limits are county specific.

It’s not approved yet, price but some experts are claiming FHA ultimately, will elect not to raise the amount because for 2008/2009 the overal real estate market pricing is expected to continue to fall as much as 30% nationally.

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