Poll: Will FHFA Changes Affect Home Sales?

Fannie Mae and Freddie Mac will begin reducing loan limits that they will back. The current limits are $417K for Conforming and $600K for Jumbo loans. Critics believe this will slow housing recovery. Home buyers may be less eligible and less interested in borrowing for a new home. However, that may lead to lower prices to attract uninterested buyers. What do you think?

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