federal housing finance agency: Buy Your House Before the Market Squeeze
- 09/23/13 04:45 PM
Are you planning to move to a new house? With the Federal Housing Finance Agency planning to lower the caps on federal mortgages, it might be the best time to make a move. According to the current standards, the homeowners can get a federal mortgage of up to $417,000 throughout the country and $625,500 in the expensive counties. The agency has not reportedly released the amount; however, even a decline of $25,000 would affect thousands of homebuyers in both the segments: upper-priced and mid-level houses. As mentioned by the LPS, as many as 214,000 federal mortgages originating last year fall within … (0 comments)
Are you planning to move to a new house? With the Federal Housing Finance Agency planning to lower the caps on federal mortgages, it might be the best time to make a move. 
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