The stimulus package being negotiated is being hotly debated along party lines. With the Democrats pushing for almost $730,000 and the Republicans looking to limit the increase to only $625,000. While both are major increases and sorely needed the California Housing Market would be most affected by the higher limit. The issue with the higher amount for the Republican's appear to hinge on enforcing stricter government regulation of FNMA and FHMLC who both have had recent issues with accounting irregularities.
For Mortgage Quotes and MLS listings, Visit my Web-Site: www.dreamteamoc.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment