News
Lobbyist are pressuring the Treasury Department to prepare a plan to purchase current portfolios of mortgages from banks in hopes of lowering mortgages rates lower.
Last week, the Federal Reserve announced it would buy $500 billion in mortgage backed securities from Fannie Mae, Freddie Mac a Ginnie Mae. Response was immediate as mortgagerates dropped.
FHA Loan Limits
Do you know what the amount of financing (loan limit) that is available in the county you want to get a loan.
Each county in the country has a different loan limit (amount allowed to be financed by HUD for FHA insured loans.
FHA Loan Limits - Nationwide database of loan limits for each county
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