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FHA Loan Limit Increase on the Way for 2018
Posted Friday December 8, 2017 in Industry News, Mortgage + Real Estate TipsGood news! Yesterday, the Federal Housing Administration (FHA) announced an increase to loan limits for FHA loans in 2018. This comes as a sigh of relief for homebuyers in 3,011 counties. For the past three years, the FHA has increased the number of counties to benefit from higher loan limits, with the biggest bump in… Read more »
Ellie Mae: More single, female Millennials are buying homes
Posted in Industry NewsLoan software provider Ellie Mae just put out its latest “Millennial tracker” and found several similarities in homebuying across gender lines in this generation — with one big difference. “While men make up the larger percentage of overall Millennial borrowers, most of them are married,” said Joe Tyrrell, executive vice president of corporate strategy at Ellie… Read more »
