People buying homes in the country’s most expensive housing markets likely will face pricier mortgages starting in the fall.That’s when the current conforming mortgage limits are scheduled to expire, with limits for the most expensive markets falling to $625,500 from $729,750 in the contiguous U.S. On Friday, however, two lawmakers introduced a bill in the …
Monthly Archive
for: ‘July, 2011’
June Housing Scorecard Just Released By Obama Administration
WASHINGTON, DC July 5, 2011 — The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the June edition of the Obama Administration’s Housing Scorecard– a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as home prices turned slightly upward, …
