After several months of increasing average loan amounts for FHA, the national average loan amount has stopped growing the last few months.
Click on the image for a larger view.
This is an interesting trend considering the FHA loan limit was raised to over $729,000 in some high cost counties. Take a look at what is going on in Fairfax County, Virginia (FHA loan limit of $729,750). After an initial increase this year, the average amounts have been declining the last few months. Is this a function of further declining home values or something else?
Click on the image for a larger view.
3 comments:
Are you looking for a Vancouver mortgage broker? Use an experienced Vancouver mortgage broker to make sure you get the best deal possible. Be sure to visit our site to find out the services we offer and how we can help you.
Old pot belly stove?
Great post, thank you for sharing this with us!
california loan modification
Post a Comment