Loudoun County Buyers! Congress restored the loan limits for two years

Posted on November 19, 2011 by admin

Thursday night. Nov 17, 2011, Congress restored the loan limits for the Federal Housing Administration (FHA) for two years.
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.
This is great news for first time home buyers! It is a perfect time to buy a house.

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