Wednesday, August 3, 2011 - Article by: Joe Afonso - Primary Residential Mortgage, Inc. NMLS # 3094 -
Unless Congress Acts quickly, at the end of September the maximum loan limits in many areas will decrease for FHA, VA and conventional conforming loans. This means that it may be more difficult for some buyers to qualify and some may have to pay higher rates. If you are thinking about refinancing or purchasing, we would advise you to check with us so that we can identify whether you are in an area that is likely to be affected and you can act expeditiously
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