New FHA Loan Limits Are Coming

One of the loan officers I routinely refer to my clients, Alan Gross of National City Mortgage, sent me the following update on the mortgage environment. Earlier this year the loan limits for conforming¬† and FHA loans were raised up to a maximum $729,750 in high cost areas by … [Read more...]

A Day Looking At Homes

Today I went out with a Buyer client looking for condos near the University of MD. The criteria was pretty simple: cheap.¬† That meant lots of bank-owned condos and lots of short sales. I'm hear to tell you it's been a long time since I went out and looked at so many distressed … [Read more...]