FHA Loan Limits in the Bay Area High Cost Areas in the Stimulus Package

Once they were out, but now they’re in. The magical system that produces legislation in Washington has now produced an economic recovery bill which once-again includes higher loan limits.

The National Association of Home Builders reports that the final legislation “will help home buyers in high-cost markets by extending the FHA, Fannie Mae and Freddie Mac loan limit of $729,750 through the end of 2009.” The current limit is $625,500.

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