Realty Check

FHA/GSE New Loan Limits Are Here

HUD has just released the new loan limits, as mandated by the Economic Stimulus Package of 2008.

FHA and the GSEs can temporarily increase loan limits and insure larger mortgages at a more affordable price in high cost areas of the country.

Here's the link to see for yourself:

http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/08-06ml.doc

There's a link in there to find your local market. Have at it!!

Questions?  Comments?  RealtyCheck@cnbc.com