FortBendBuyersAgent.com » Loans http://www.fortbendbuyersagent.com Sugar Land and Ft. Bend County Real Estate Tue, 02 Mar 2010 18:20:07 +0000 en hourly 1 Jeff Jeff Resource for Buying Real Estate in Fort Bend County No No New FHA Loan Limits for 2009 http://www.fortbendbuyersagent.com/2008/12/30/fha-loan-limits-2009/ http://www.fortbendbuyersagent.com/2008/12/30/fha-loan-limits-2009/#comments Wed, 31 Dec 2008 00:10:36 +0000 Jeff Dodson http://www.fortbendbuyersagent.com/?p=186 New FHA limits help usher in 2009. HUD Secretary Steve Preston has announced new loan limits on mortgage amounts insurable by the Federal Housing Administration beginning January 1, 2009. Under the 2008 Housing & Economic Recovery Act, limits are set at 115 percent of a market's median house price. They can't be lower than 65 percent or higher than 150 percent of the national conforming limit of $417,000. Preston says the limits will ensure FHA can continue to help struggling homeowners refinance and allow many first-time buyers take advantage of today's buyers market.  More information can be found here.

More on New FHA Loan Limits for 2009

]]> New FHA limits help usher in 2009. HUD Secretary Steve Preston has announced new loan limits on mortgage amounts insurable by the Federal Housing Administration beginning January 1, 2009. Under the 2008 Housing & Economic Recovery Act, limits are set at 115 percent of a market's median house price. They can't be lower than 65 percent or higher than 150 percent of the national conforming limit of $417,000. Preston says the limits will ensure FHA can continue to help struggling homeowners refinance and allow many first-time buyers take advantage of today's buyers market.  More information can be found here.

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