Posts Tagged ‘ Home Loans ’

Higher Allowable Loan Amounts for FHA Loans

03/07/2008
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Higher Allowable Loan Amounts for FHA Loans

The Department of Housing and Urban Development announced on 3/6 higher loan limits for FHA loans. The old limit for Maricopa County for a single family house was $263,150 and the new limit is $346,250. This means more financing options are available for potential buyers of properties priced between $263,150 and $346,250. NAR List...

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Federal Reserve Cuts Interest Rates

01/22/2008
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The Federal Reserve Board today announced that it is cutting the federal funds rate by .75 percent, from 4.25 to 3.5 percent. This could affect the interest rate you pay on: a home equity line of credit, a variable rate home loan, credit cards, and other debt. This should also trickle down to help...

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What is Happening with Home Loans?

12/19/2007
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You may be wondering, with all the talk in the news about the home loan market, what it means to you. If you have good credit and a job, it is very likely that you can get a loan and at a fairly good rate. The loans that are difficult to get and that...

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