After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”.
Maximum FHA Loan Limits Restored To $729,750
December 16, 2011 by Leave a Comment
As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.
Conforming Loan Limits Unchanged For 2012
December 14, 2011 by Leave a Comment
In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.
The Government’s Revamped HARP Program For Underwater Homeowners
October 25, 2011 by Leave a Comment
The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance.