Tuesday, November 3, 2009

FHA 203(k) Loans on the Rise

The FHA loan has become increasingly popular for buyers looking to buy fixer-uppers, especially foreclosures. Read more >

Also, the FHA, Fannie and Freddie Loan Limits at the $729,750 level through December 31, 2010 was passed by the Senate and is now being sent to the President for his signature into law. Since the provision is part of the Continuing Resolution, which is necessary to keep the government operating, it is expected to be signed into law quickly.

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