Higher Loan Limits Here to Stay!

New legislation recently signed by the president will allow the current loan limits to remain the same. In Maricopa county those limts are currently $346,250 for an FHA loan, and $417,000 for a Conventional loan. The legislation will allow these figures to remain in effect until 9/30/2011

This is important because normally these loan limits are set by median home prices. Since Maricopa County has seen drastic plunges in sales prices, the loan limits could have been set far lower.

Back on Track

I cannot believe it has been over a month since I've posted anything. It seems that the influx of work and some family events had kicked me off track with my "extracurricular" activities like my website and blog, but alas I seem to be back on track!

So, with that said let please check back often as there is tons of interesting bits of news to share lately. I will be sure to post often to keep you updated!