Just reiterating the need for all of us to take action as well as ask our friends to do the same regarding FHA Reform S 2338 and Freddie Mac/Fannie Mae Loan Limits. The FHA reform will provide existing homeowners with refinancing alternatives and additional options for first time buyers. As all of us know, the first time buyer is the first domino that has to fall to create a move-up real estate market. This reform will go a long way to bring back a return of stability in the real estate markets across the nation.
Regional increases to conventional loan limits is also needed to assist homeowners wishing to purchase properties in high cost of living areas.
Help our industry and protect your home values! TAKE ACTION!
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