The Economic Stimulus Bill that temporarily raised FHA Mortgage Amount Limits to as high as $729,500 in certain areas looks like it has played a factor in the actual average amount for FHA Mortgages. The accompanying chart shows how the Average FHA Mortgage Amount is growing every month.
Since the Housing Bill became law last week that includes a permanent increase the FHA Loan Limits, can we expect this to continue to increase every month?
Schedule for Week of Sept 24, 2017
20 hours ago