LOAN LIMITS MAY BE CHANGING!

The proposed stimulus package making its way through congress includes a provision for conforming loan limits (currently at $417,000) to rise to as much as $725,000 for certain areas. New loan limits would be based off of median prices in the region rather than nationally based. The current proposal is certain to change and I'll post more as it becomes available.

Posted by bruce at January 24, 2008 02:40 PM