President Clinton has signed legislation that raises the caps on mortgages insured by the Department of Housing and Urban Development's FHA program.

Under the $93.4 billion spending package for housing, veterans, and other programs, the FHA program may insure residential mortgages as large as $197,621 in high-cost areas and $109,032 in the least-expensive housing markets. The current limits are $170,362 and $86,317, respectively.

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