According to a report from MortgageDaily.com, H.U.D. spokesman Lemar Wooley states that FHA loan limits may rise by March 1st 2008.
Amidst the quagmire of explanations regarding new conforming and FHA loan limit interpretations and implementation schedules, Mr. Wooley offers the most succinct language yet:
“In areas where the median home price is above $583,800, the [...]