Congress Extends Higher Loan Limits Through 2010

Updated 2 months, 3 weeks ago

Source: http://www.findsouthwestfloridahomes.com/

Both the Senate and House voted yesterday to extend the current higher loan limits for Fannie Mae, Freddie Mac and FHA loans through December, 2010. The resolution was attached to a continuing resolution that passed late in the day and prevented the higher limits from expiring at the end of the year.

Lawmakers had temporarily raised [...]

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Lisa Udy- Cache Valley 2 months, 4 weeks ago on Wordpress

Now I just wish they would give some sort of incentive to buy those homes in the upper price ranges. They are struggling to sell in my market, and it’s making that inventory more bloated everyday. They should give a large tax credit to people who buy homes in the upper range. I think that with the larger loan amounts it will help expedite some of that inventory. Great post!

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Bjamin 3 months ago on Wordpress

Now, if they would just make a decision one way or another on the tax credit, things could really move on from here.

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Ashlee 3 months ago on Wordpress

Great news!!!

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Laguna Realtor 3 months, 1 week ago on Wordpress

It’s a really great news. I think it’s helpful for real estate buyers.

Thanks for the info.

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uberVU - social comments 3 months, 1 week ago on Wordpress

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