On September 30, the cost of a mortgage could rise significantly. If this happens, many of your clients run the risk of being priced out of the American Dream of home ownership. Even worse, this could hold back the housing recovery.
We need you to share your market expertise with Congress. Please contact your elected officials and urge them to make the current mortgage loan limits for FHA and GSEs permanent. Well-qualified buyers don’t need another hurdle to access affordable mortgage financing. And be sure to check out our calculator that will show you the specific impact on your local market. Act today to ensure your clients have access to affordable mortgages.
CLICK HERE to take immediate action to make FHA, Fannie & Freddie loan limits permanent
CLICK HERE to learn more about the implications of the current loan limits expiring
CLICK HERE to watch NAR’s video about loan limits