| Three of the seven homes we built and sold were financed through the Federal Housing Administration. The recent changes in the loan limits in our market from $293,650 to $271,050 would have been a big blow to our company, as it would have surely killed two of the sales and possibly a third.
These across-the-board reductions in the loan limits (not just the high end that your editorial insinuates) are yet another significant setback to the morbid housing market...............................................Full Article: Source
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