Mortgage And Real Estate News

Sunday, January 3, 2016

Why metro Phoenix homebuyers are stuck with low FHA loan limits is a bit of a mystery

Many first-time homebuyers in metro Phoenix are struggling to find houses in their price range.

It doesn't help they can borrow less to buy with an FHA loan than first-timers in other cities where home prices are lower.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2015/12/17/why-metro-phoenix-homebuyers-stuck-low-fha-loan-limits-bit-mystery/77447598/

Reuters: Business News

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