Lots to Be Thankful For!

Last week was a very eventful week for Congress and we’ve got lots of things to be thankful for. The obvious is health, family, happiness, etc. However, there is much more had happened in  the real estate world last week that we should all be thankful for. Here is a list of all the great things that took place last week:

CONGRESS RAISES FHA LOAN LIMIT
As you know, in late September the FHA, Fannie Mae; and Freddie Mac loan limits were reduced in 42 states pricing potential home buyers out of the American Dream of home ownership and holding back the housing recovery. Congress restored the loan limits for the Federal Housing Administration (FHA) for two years. The reinstated FHA loan limit formula and cap change will help make mortgages more affordable and accessible for hard-working, middle-class families in 669 counties in 42 states and territories, where Continue reading