Monday, March 7, 2016

OCHN: Conforming loan limits inhibit higher home prices

Conforming loan limits create intense buyer competition at under-limit prices and restrict home price increases need to bail out underwater borrowers.

The FHA and the GSEs exist to provide subsidized mortgages to lower- and middle-income Americans. The conforming loan limit is put in place to...
Conforming loan limits inhibit higher home prices

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