Term: FHA Mortgage Limits
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What the New FHA Mortgage Limits Mean for You

By Steven Shaw on 12/18/2013

What the New FHA Loan Limits Mean for You

The Federal Housing Administration recently announced a reduction in high-cost area loan limits. This reduction comes in accordance with the government’s ongoing effort to retreat from the housing market. Rewind the clock back to 2008, when financial markets were significantly depressed, the economy was on the verge of recession — enter the FHA as the new outlet to support a frail housing sector.

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