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Rochester MN Real Estate Market Blog

by Realtor Shawn Buryska of Coldwell Banker Burnet

Rochester MN Real Estate Market Blog « home

 

FHA mortgage limits increased in Olmsted County!

March 6th, 2008 · No Comments

Effective today the new maximum FHA loan limit for Olmsted county has increased to $271,050.  FHA allows a little more flexibility for borrowers with less then perfect credit or down-payment money that is being gifted to them. This is also  good news for sellers up to this loan limit as the pool of buyers of perspective buyers has opened somewhat.

Related posts:

  1. Mortgage Rate Volatility Continues
  2. Quick Tour of the All-New ShawnBuryska.com
  3. Understanding the “Foreclosure Crisis”
  4. Fed Cuts Interest Rates
  5. Fannie, Freddie and Bernanke

Tags: Interest Rate News

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Recent Real Estate News

2008-05-08

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There are currently 1172 residential properties for sale in Rochester, Minnesota with an average list price of $234,262 and 156 days on the market. Last week, April 28 to May 4, 2008, there were 1223 homes for sale; average list price of these properties... read more