New FHFA Loan Caps
Regan Hagestad
October 2, 2013
When the Federal Housing Finance Agency lowers the cap on federally backed mortgages, what will the impact be on our local real estate market in 2014? In January of 2014, the cFederal Housing Finance Agency will reduce the conforming loan limit (which is currently have $625,500) by one hundred thousand dollars or more. The FHFA has not announced exactly how
