house: Raising the conforming loan limit to $625,000 in high-cost housing markets
- 01/26/08 08:37 AM
Does anyone have an idea as to when this will take effect? How far is along is this in the works? To my knowledge both the house and the senate are in agreement that this needs to occur. Will the typical bureaucratic red-tap hold this up or will we some of these loans in areas that desperately need it? I work and live in one of these areas and would like to stay as current as possible. Any news or insight would be very helpful. Thanks! (1 comments)