FHA Moves To Increase Family Mortgage Limit

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The Federal Housing Administration said it has increased its single-family mortgage limit by 7% to match the increases of Fannie Mae and Freddie Mac. As a result, the FHA will now insure single-family home mortgages up to $154,896 in low-cost areas and up to $280,749 in high-cost areas. The limits on two-, three- and four- family mortgages were also raised.

CU Journal Washington Bureau Chief Ed Roberts can be reached at 202-434-0334, or at eroberts cujournal.com.

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