Image by Rev Dan Catt via Flickr Everything old is new again. Conforming mortgages are limited by loan size, based on “typical” housing costs around the country. The current conforming limit on a single-unit property is $417,000. In 2008, as part of the Economic Stimulus Act of 2008, Congress authorized conforming loan limits increases in “high-cost” […]
Higher Home Loan Limits Return!
February 23rd, 2009 · Comments Off on Higher Home Loan Limits Return!
Tags: Economy · Mortgage Lending