2010: 2010 Conventional Loan Limits for Rhode Island
- 01/12/10 02:52 AM
2010 Conventional Loan Limits for Rhode Island For 2010, conventional loan limits for Rhode Island have remained at the same level where they stood in 2009, according the Federal Housing Finance Agency, the group that oversees mortgage investment giants Fannie Mae and Freddie Mac. These limits define the maximum loan amount for loans that may be sold to the agencies, which is an important distinction, as the secondary market for loans meeting these requirements is much more active than the secondary market for larger loans, meaning that loans that conform to these size requirements carry much lower interest rates. For … (0 comments)
2010: Conforming Loan Limits for Massachusetts for 2010
- 01/11/10 08:30 AM
Conforming Loan Limits for Massachusetts for 2010 For 2010, the Federal Housing Finance Agency has set revised conforming loan limit at $417,000, the same limit it has offered for several years now. Certain counties designated as high-cost areas have received higher limits in conjunction with the economic stimulus package of 2008, extended in late 2009. These extended limits are available through December 31st, 2010. For Massachusetts, the following counties received higher limits than the national $417,000 cap: Barnstable County: $462,500 Bristol County: $475,000 Dukes County: $729,750 Essex County: $523,750 Middlesex County: $523,750 Nantucket: $729,750 Norflok County: $523,750 Plymouth County: $523,750 … (0 comments)
2010: 2010 FHA Loan Limits for Massachusetts - A New Year, Same Numbers
- 12/31/09 06:39 AM
2010 FHA Loan Limits for Massachusetts - A New Year, Same Numbers As I reported previously for Rhode Island and Connecticut, 2010 is an year off from changes in maximum FHA loan amounts, and the same holds true for Massachusetts. Here are the area loan limits, by county: Barnstable County: $462,500 Berkshire County: $271,050 Bristol County: $475,000 Dukes County: $729,750 Essex County: $523,750 Franklin County: $318,750 Hampden County: $318,750 Hampshire County: $318,750 Middlesex County: $523,750 Nantucket County: $729,750 Norfolk County: $523,750 Plymouth County: $523,750 Suffolk County: $523,750 Worcester County: $385,000 For those who have read the Connecticut article, you'll notice that … (0 comments)
2010: 2010 FHA Loan Limits for Rhode Island - Unchanged from 2009
- 12/31/09 05:28 AM
2010 FHA Loan Limits for Rhode Island - Unchanged from 2009 Yesterday, I wrote about the updated FHA lending limits for Connecticut. To learn more about the methodology used in calculating limits, I would suggest circling back to that article. Today, I want to pass along the same information for Rhode Island. This year has been a relatively quiet one in real estate pricing in Rhode Island. Almost all areas saw a decline in value, some very significant. If anything, I believe Rhode Island is fortunate not to have seen its FHA loan limits cut for this year. FHA limits are … (0 comments)
2010: 2010 FHA Loan Limits for Connecticut - Just How Much Can You Borrow with less than a 5% Down Payment?
- 12/30/09 06:15 AM
2010 FHA Loan Limits for Connecticut - Just How Much Can You Borrow with less than a 5% Down Payment? There are fewer than 36 hours left until 2010, so it's time to start thinking about some of the changes we'll see in mortgages in the New Year. One aspect of lending that changes eery year is the amount that can be borrowed using the government's Federal Housing Administration (FHA) insurance program. Each county across the country is given a different amount based on average home prices within that county. For 2010, as 2009, certain counties have received higher than normal … (2 comments)
2010: 6.5 steps to $6500: Getting the Move-up buyer's tax credit in 2010 for Providence and beyond!
- 12/29/09 08:12 AM
6.5 steps to $6500: Getting the Move-up buyer's tax credit in 2010 for Providence and beyond! Throughout 2009 there was a lot of talk about further means to stimulate activity in the real estate market. Many things were happening already: the Federal Reserve preserved the mortgage market by inserting itself as the largest, and sometimes only, buyer of mortgage backed securities; and an $8000 tax credit for first time homebuyers was instituted quite successfully, among other efforts. For 2010, congress has presented additional buyer incentives to maintain activity. If a flaw can be found in the original 2009 homebuyer tax … (3 comments)
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2010 Conventional Loan Limits for Rhode Island ;)
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