Bradenton Real Estate

July 15, 2011

Why Work With A REALTOR® ? We’ve Got Your Back!

On September 30, the cost of a mortgage could rise significantly.

“On October 1, 2011, the mortgage loan limits for FHA and the GSEs will decrease, lessening the availability of mortgage credit for hundreds of thousands of responsible and credit-worthy American families. What we need now is time for the real estate market and overall economy to heal, to self-correct, and stabilize. Reducing mortgage liquidity at this time will hurt our fragile economic recovery.”

Wondering what Real Estate agents do to earn their living besides selling homes?

The above excerpt is from a letter that thousands of REALTORS will be sending to their respective governmental representatives… on your behalf.

Reference the chart below to see how the proposed changes could impact our area of Florida

(click to enlarge!)

FHA mortgages, FHA mortgage news, real estate news

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