AgentMortgage

Don’t fret over new reverse mortgage limits

Only 3% of FHA-insured borrowers will be affected
Published on Oct 6, 2011

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by CareyBot

The loan-limit reduction comes at a curious time.

While housing continues to be one of the nation's most critical issues, some analysts believe lowering the maximum mortgage amount consumers can borrow could slow down the pace of buying and selling even more.

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