Federal Loan Limit Reduction Bad for California
Posted in FHA Home Loans, FHA Rules Change, First Time Home Buyers, Houses for Sale in San Diego, San Diego Real Estate Market on Sep 27th, 2011
Houses for Sale in San Diego – Federal loan limits which were increased by Congress three years ago to help high cost states such as California are set to expire on Saturday, October 1, 2011. The majority of banks have stopped making loans at the higher limits months ago in anticipation that Congress would not [...]