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SubscribeMarch 7, 2008 11:23 AM
New loan limits and local home prices
Posted by Elizabeth Rhodes
Three of the biggest providers of home-mortgage money, Fannie Mae, Freddie Mac and FHA, announced significant increases in their loan limits, effective Thursday. Details are available in a story in Friday's paper.
How the higher loan limits may improve local homebuyers' purchasing power was spelled out in numbers just provided by Cheri Brennan, spokesperson for the Northwest Multiple Listing Service.
Her numbers follow.....
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