Conforming loan limits may be increased at least on a temporary basis

There may be some good news ahead on the housing and mortgage front if certain initiatives remain within the current economic stimulus plan. Conforming loan limits may be increased at least on a temporary basis to as much as 125% of a median housing price or almost $730,000.  This could be a huge benefit for those buyers and refinance candidates looking for loans above the current conforming loan limit of $417,000. 

For more information on conforming loans in the Denver real estate market, please contact TeamCox Realtors.

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