Tuesday, March 11, 2008

First Time Home Buyers!

FNMA, FHLMC, and FHA loan limits are increased effective 3/10/2009. The new limit allows as little as 3% down payment on FHA loans and 10% down on FNMA and FHLMC loans all the way to $729,750. This is a huge increase from $417,000 for FNMA and FHLMC and from $365,000 on FHA loans. The time is right to buy now. These new limits are only going to be in effect through the end of this year. Take advantage of this infusion of cash in the mortgage market and BUY NOW! Search The MLS NOW! Coto de Caza Listings Ladera Ranch Listings

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