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Archive for March, 2008
New FHA-insured loan limits released for Suffolk County
The federal housing department has released the new limits on Federal Housing Administration-insured mortgages. (And, on Fannie Mae / Freddie Mac loans, as well.)
Now, get borrowing! Our country’s future (well, mine at least) depends on it.
BOSTON-SUFFOLK
Single-family: $523,750
Two-family: $670,500
Three-family: $810,450
Four-family: $1,007,200
Good news: if you’re buying in Nantucket, the conforming loan limit is even higher.
Source: Housing & […]
Weekly Boston Condo and Real Estate Sales and Listings Update, March 8, 2008
The following information is from the local MLS database, as of March 8, 2008, compared to (March 1, 2008) (and March 5, 2007 - where available).
Total # of condos for sale in the city of Boston: 2,245 (2,181) (2,130)
Average # of days on market: 141 (139) (135)
Number of condos sold (closed) over past 30 days: […]
Everything you need to know when applying for a mortgage loan
Well, here’s just about everything you need to know about getting a mortgage loan, courtesy of the State of California’s Department of Corporations. The publication includes much more detailed information on each of these. I suggest printing it out and keeping a copy.
1) Do you represent a mortgage broker, mortgage banker or lender, […]