Do you think congress will raise the maximum loan amount for FHA loans, because of the subprime crisis?
Right now it is 363k. I heard they might raise it to 417k. Do you think they will? And if so, when?
- Jan LuvLv 71 decade agoFavorite Answer
No, I don't housing cost are going down not up, if anything they could lower the maximum allowable loan amount.
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